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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 12
To calculate how much something will cost if you expect its cost to increase by exactly the inflation rate, you should:
A) Multiply by (1 + f ) n
B) Multiply by [(1 + f ) n /(1 + i) n ]
C) Divide by (1+ f ) n
D) Multiply by (1 + i f ) n
A) Multiply by (1 + f ) n
B) Multiply by [(1 + f ) n /(1 + i) n ]
C) Divide by (1+ f ) n
D) Multiply by (1 + i f ) n
Explanation
Verified
Verified
i is interest rate,
f is inflation rate....
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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