Question: Question 1 2 Sandra is applying for a scholarship currently valued at $ 1 2 , 0 0 0 today. If she is awarded it

Question 12
Sandra is applying for a scholarship currently valued at $12,000 today. If she is awarded it at the end of next year, how much is the scholarship worth in today's dollars, assuming inflation of 4 percent?
Question 12 Sandra is applying for a scholarship currently valued at

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