find the present worth of 1000 today (2021) in the year 1990 if the inflation rate of 12% is constant through the years

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter2: The One Lesson Of Business
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find the present worth of 1000 today (2021) in the year 1990 if the inflation rate of 12% is constant through the years

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