Question: 8-49. Develop a spreadsheet to verify that the following table entries are correct (to the nearest whole percent). (8.2) Erosion of Moneys Purchasing Power Inflation

8-49. Develop a spreadsheet to verify that the following table entries are correct (to the nearest whole percent). (8.2)

Erosion of Money’s Purchasing Power Inflation Rate 10 years 25 years 2% −18% −39%

4% −32% −62%

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