Question: At a time when inflation is 6 % per year, an amount of $ 1 0 0 , 0 0 0 fifteen years from now
At a time when inflation is per year, an amount of $ fifteen years from now is the same as how many of today's constantvalue dollars?
A piece of heavy equipment can be purchased for $ now or for an estimated $ five years from now. At a real interest rate of per year and an inflation rate of per year, determine if the company should buy the equipment now or in five years with inflation considered.
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