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In order to see the effects of inflation, fill out the following spreadsheet given that the compound annual average rate of inflation has been 3 percent. Annual inflation rate 3%

Cumulative inflation after 10 years

Value of $1 after 10 years

Cumulative inflation after 20 years

Value of $1 after 20 years

Cumulative inflation after 30 years

Value of $1 after 30 years

Cumulative inflation after 40 years

Value of $1 after 40 years

Jones, Charles P.; Jensen, Gerald R.. Investments: Analysis and Management, 13th Edition (Page 572). Wiley. Kindle Edition.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92759426

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