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Business, 28.01.2020 04:31 dontcareanyonemo

Calculating the effect of inflation. bill and sally kaplan have an annual spending plan that amounts to $39,500. if inflation is 3 percent a year for the next three years, what amount will the kaplans need for their living expenses three years from now? solution: $39,500 ¿1.093 (fv$1, 3%, 3 years) = $43,173.50lo: 3-3topic: future valuelod: intermediatebloom tag: apply

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