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?

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 08-03-2017
65,000÷1.05^(3)
=56,149.44
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