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Question 8 5 points Save A Mitchell puts $13,000 per year (at year's end) into an account earning 11% per year for 20 years. Inflation

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Question 8 5 points Save A Mitchell puts $13,000 per year (at year's end) into an account earning 11% per year for 20 years. Inflation is expected to be 3.25% per year, The amount he has in 20 years would only have which of the following as purchasing power in today's dollars. 0 a $578,685 Ob $104,810 O $140,247 5358,335 $834,637

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