16 Assume The Real Rate Of Interest Is 3 00 And The Inflation Rate Is 6 00 What Is The Value Today Of Receiving 17 2 1 (29.83 KiB) Viewed 27 times
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16. Assume the real rate of interest is 3.00% and the inflation rate is 6.00%. What is the value today of receiving 17,292.00 in 12.00 years? a. $6,027.37 b. $4,960.77 c. $5,127.12 d. $3,751.25 e. None of the above
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