Order the answer to: If you expect to receive a gift of $50,000 six

Academic Writing business-economics Order the answer to: If you expect to receive a gift of $50,000 six

business-economics

Order the answer to: If you expect to receive a gift of $50,000 six

Question If you expect to receive a gift of $50,000 six years from now, the present worth of the gift at a real interest rate of 4% per year and an inflation rate of 3% per year is closest to: (a) $27,600 (b) $29,800 (c) $33,100 (d) $37,200
Subject business-economics
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