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a forklift currently costs $38000 you estimate that you will need to replace this forklift in 10 years. if the cost of f

Posted: Sun May 08, 2022 10:23 am
by answerhappygod
a forklift currently costs $38000 you estimate that you will
need to replace this forklift in 10 years. if the cost of forklifts
estimated to increase by an average of 2% per year.
a) how much will the forklift cost when you need to replace
it?
b) if the forklift was fact $53602 at the time it was being
replaced, what has been inflation rate?