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    Exam 3: The Mathematics of Finance
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    If Brazil Has an Annual Inflation Rate of 11% and an Item
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If Brazil Has an Annual Inflation Rate of 11% and an Item

Question 112

Question 112

Short Answer

If Brazil has an annual inflation rate of 11% and an item will cost 130,000 reals in 5 years, what does that same item cost now Round to the nearest real.

__________ reals

Correct Answer:

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