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You will receive $40,000 in five years. What is worth today if the annual inflation rate is 3.5%? In the space below, please indicate what
You will receive $40,000 in five years. What is worth today if the annual inflation rate is 3.5%?
In the space below, please indicate what the following variables are (enter answers to four decimal places and be mindful as to whether the variable is a positive or negative number):
- PV
- FV
- Rate %
- Periods
- Payment
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