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will rate the answer (1) Taylor is 30 years old and earns $90,000 per year. She is content with her life and believes that her
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(1) Taylor is 30 years old and earns $90,000 per year. She is content with her life and believes that her cost of living will not go up during her working years. Still, she is concerned about losing purchasing power due to general inflation in the economy and wants to know what an equivalent salary would be in 35 years, assuming 3.0% inflation per year Step by Step Solution
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