s) Canada's government savings bonds pay 2.5% annual real rate of return compounded daily. Professor Jones...
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s) Canada's government savings bonds pay 2.5% annual real rate of return compounded daily. Professor Jones invests $50 weekly as a part of his university payroll program. If the inflation rate is assumed to be 3% per year over the next 12 yearo, what is the purchasing power of the professor's bonds 12 years from now? s) Canada's government savings bonds pay 2.5% annual real rate of return compounded daily. Professor Jones invests $50 weekly as a part of his university payroll program. If the inflation rate is assumed to be 3% per year over the next 12 yearo, what is the purchasing power of the professor's bonds 12 years from now?
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