Essay
Ontario's recommended discount rate is 2.5% per year, which is the same as rate of inflation in Ontario. What annual income will be needed 17 years from now, to have the same purchasing power as a $134 000 annual income today?
Correct Answer:
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PV = $134 000
n = 17...View Answer
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Correct Answer:
Verified
n = 17...
View Answer
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