November 25, 2015

Homework Help: home economics

Posted by ryan on Thursday, February 25, 2010 at 9:20am.

Suppose you’ll have an annual nominal income of $40,000 for each of the next 3 years, and the inflation rate is 4 percent per year. Find the real value of your $40,000 salary for each of the next 3 years.

Answer this Question

First Name:
School Subject:

Related Questions

More Related Questions