ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
A. Find the real value of your 40,000 salary for each of the next three year's.
year1?
year2?
year3?
b. If you have a cola in your contract, and the inflation rate is 5 percent, what is the real value of your salary for each year?
year1?
year2?
year3?
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