tobihill2016 tobihill2016

08-03-2017
Mathematics

contestada

Suppose you’ll have an annual nominal income of $65,000 for each of the next 3 years, and the inflation rate is 5 percent per year. What is the real income for the next three years?

Respuesta :

Aliwohaish12 Aliwohaish12

08-03-2017

65,000÷1.05^(3)
=56,149.44

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