If the inflation rate is 6% per year and you want to earn a real return of 10% per year, how many future dollars must you receive 10 years from now for an investment of $10,000 today?.
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If the inflation rate is 6% per year and you want to earn a real return of 10% per year, how many future dollars must you receive 10 years from now for an investment of $10,000 today?.
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- Jennifer will retire in 16 years from now. On that occasion, her company will give her a one-time payment of $30,000. If the inflation rate is 2.5% per year, how much that payment will mean in today's dollars?An electronic device cost $1250 in 2011. If inflation has averaged 2% each year, what is the price of the device in 2018?When the inflation rate is 4% per year, how many inflated dollars will be required 20 years from now to buy the same things that $10,000 buys now?
- Inflation has been a reality for the general economy of the U.S. in many years. Given this assumption, calculate the number of years it will take for the purchasing power of today’s dollars to equal onethird of their present value. Assume that inflation will average 2.5% per year.If the inflation rate is 6% per year, how many (future) dollars will be required 10 years from now to buy the same things that $32,500 buys now? The (future) dollars required to buy the same things that $32,500 buys now is $ .Tuition at XYZ this year cost $61,170. If the inflation rate is 2% for the foreseeable future and if the cost of attending XYZ rises at the rate of inflation, what will it cost in 20 years to attend XYZ for 1 year? For 4 years (2038-2042)?
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- An economist has predicted that for the next 5 years, the U.S. will have a 2.5% annual inflation rate, followed by 5 years at a 3.5% inflation rate. This is equivalent to what average price change per year for the entire 10-year period?If the annual inflation rate in an economy is i, then $1 borrowed at the beginning of a year will have the same purchasing power as ________ dollars at the end of the year. i (1/i) (1 − i) (1 + i)Assume your salary is $55,000 in 2015 and $160,000 in 2045. If inflation has averaged 2% per year, what is the real or differential inflation rate of salary increases?