Question: 1 4 - 4 3 Using a market interest rate of 6 % and an inflation rate of 2 . 5 % , calculate the

14-43Using a market interest rate of 6% and an inflation rate of 2.5%, calculate the future equivalent in Year 15 of $10,000 today:
(a) Having todays purchasing power.
(b) Having then-current purchasing power.

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