breonnabyers
breonnabyers
17.12.2021 • 
Business

Assuming that the inflation rate from 2018 through 2020 is 6% per year: a) What would be the real value of a $60,000 income in each of the three years? (Show all work) (4 points)
b) What does the real income computed for 2019 mean? (2 points)

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