thatonestudent71171 thatonestudent71171
  • 17-12-2022
  • Business
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you deposited $10,000 today into a saving account for 5 years with a market rate of 8% per year. the expected inflation rate for the next 5 years is 2% per year. the purchasing power of the amount of money accumulated in this account 5 years from now is equivalent to the purchasing power of how much money today?

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