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Posted on Aug 30, 2024

You start work this year and expect to retire in 3 5 years. You currently pay $ 5 . 0 0 for a hamburger. If

You start work this year and expect to retire in

35

years. You currently pay $

5.00

for a hamburger. If market interest rate is

9 %

and inflation is

4 %,

how much do you expect to pay for a hamburger when you retire?

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