Question: The answer is Y= X(1+r)^n please show your work! (4) We have noted that the effective rate i should be replaced by the inflation- adjusted
The answer is Y= X(1+r)^n please show your work!
(4) We have noted that the effective rate i should be replaced by the inflation- adjusted rate 1 +i in real life calculations. With notation as in Section (1.7), find Y such that P ri+))' ($X at time n) = P rl+if (SY at time rn )
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