Question: Inflation is expected to average 7.4% per year for the next 45 years. How much will $422 today be worth 45 years from now? Note:

Inflation is expected to average 7.4% per year for the next

Inflation is expected to average 7.4% per year for the next 45 years. How much will $422 today be worth 45 years from now? Note: Answer is in dollars and cents (to two decimal points)

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