What is the present value of 50,000 which you are to receive 20 years from now, assuming that the inflation rate for the next 20 years will be about 4% per year?

Solución

What is the present value of 50, 000 which you are to receive 20 years from now, assuming that the inflation rate for the next 20 years will be about 4% per year?

Solución

Amount : 90000

Pasos de solución

Translate the problem into an equation:

A = 50000 (1 + 0.04 \cdot 20)

50000 (1 + 0.04 \cdot 20) = 90000

Amount : 90000

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