Answered: What is the cost in real dollars today…

What is the cost in real dollars today of spending $100,000 two years from now if your MARR = 5% and the general inflation rate is 4% per year.? a. $52K b. $62K c. $72K d. $82K e. $92K

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 37P: Rosalie the Retiree knows that when she retires in 16 years, her company will give her a one-time...

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Please show equations used. No excel.

What is the cost in real dollars today of spending $100,000 two years from now if your MARR =
6% and the general inflation rate is 4% per year.?
a. $52K
b. $62K
c. $72K
d. $82K
e. $92K

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