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Posted: **Wed Apr 27, 2022 11:52 am**

: Question 1 How Much Would Be Required Today To Purchase An Item That Increased In Cost By Exactly The Inflation Rate Th 1 (6.31 KiB) Viewed 39 times

QUESTION 1 How much would be required today to purchase an item that increased in cost by exactly the inflation rate? The cost 26 years ago was 516 thousand and inflation has consistently averaged 6% per year.