Question
The table below provides forecast of inflation rates for the next 50 years. Years Expected anual inflation 0-10 1.3% 11-20 2.1% 21-30 3.0% 31-40 1.9%
The table below provides forecast of inflation rates for the next 50 years.
| Years | Expected anual inflation |
| 0-10 | 1.3% |
| 11-20 | 2.1% |
| 21-30 | 3.0% |
| 31-40 | 1.9% |
| 41-50 | 2.5% |
How much would you expect to pay 50 years from now for each of the following?
A] $2.99 Coffee.
B] $40,000 Car.
C] $600,000 House
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
