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Suppose that you will receive $1,450,000 in 15 years. If the average annual inflation rate over the next 15 years is 1.75%, find the real

Suppose that you will receive $1,450,000 in 15 years. If the average annual inflation rate over the next 15 years is 1.75%, find the real value of the money to be received. Make sure to round your answers to the nearest 100th decimal points.

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