The future amount of $200,000 for a period of 5 years is equal to $391,886.33, considering money is worth 10% per year. What is the inflation rate?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14EA: How much must be invested now to receive $30,000 for 10 years if the first $30.000 is received one...
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The future amount of $200,000 for a period of 5 years is equal to $391,886.33, considering money is worth 10% per year. What is the inflation rate?
Transcribed Image Text:The future amount of $200,000 for a period of 5 years is equal to $391,886.33, considering money is worth 10% per year. What is the inflation rate?
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