posted by shirley .
Suppose an insurance agent offers you a policy that will provide you with a yearly income of $230,000 in 20 years. What is the comparable annual salary today, assuming an inflation rate of 3%?. (Round your answer to the nearest cent.)
Is Please Help the name of your subject?
Gee -- I must have failed "Please Help" when I was in school. I remember nothing about such a class.
Wow, pretty ignorant responses you have received. Would have taken less time to post the formula for the answer.