If the rate of inflation for the next 20 years is 2.5% per year, what – McqOptions

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1.	If the rate of inflation for the next 20 years is 2.5% per year, what annual income will be needed 20 years from now to have the same purchasing power as a $30,000 annual income today?
A.	39158
B.	49158
C.	59158
D.	69158
Answer» C. 59158

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