What is the difference between today's dollars and constant-value dollars? (a) When using today as the reference

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What is the difference between today's dollars and constant-value dollars?

(a) When using today as the reference point in time

(b) When using 2 years ago as the reference point?

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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Question Posted: Dec 17, 2012 06:23 AM

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What is the difference between today's dollars and constant-value dollars? (a) When using today as the reference

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The formula for an inflated interest rate as follows i f ifif Here i is the interest rate f is th...View the full answer

Engineering economy

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