A forklift Currency cost $39,000. You estimale that you will need to replace this forklift in w yours. If cost of forklifts is Pastimated to increase by an average of 3". per year (2) How much will the forklift cost when you need to replace it ~b) If the forklift was it was rate In fact $53, 602, at the time being replaced, what has been the inflation

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A forklift Currency cost $39,000. You estmake that you
will nood to replace this forklift in
cost of forklifts is estimated
average of 3". per year
w yours. If
by
an
to increase
(22) How much will the forklift cost when you need to
replace it
(b) If the forklift was
it was
rate
in fact $53, 602, at the time
being replaced, what has been the inflation
Transcribed Image Text:A forklift Currency cost $39,000. You estmake that you will nood to replace this forklift in cost of forklifts is estimated average of 3". per year w yours. If by an to increase (22) How much will the forklift cost when you need to replace it (b) If the forklift was it was rate in fact $53, 602, at the time being replaced, what has been the inflation
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