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Author Question: How much will you need in 30 years to have the same purchasing power that $150 has today, if ... (Read 56 times)

rl

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on: Apr 25, 2021

Question 1

Drexel Corporation has been enjoying a phenomenal rate of growth since its inception one year ago. Currently, its assets total $100,000. If growth continues at the current rate of 12% compounded quarterly, what will total assets be in 2 1/2 years? (Round to the nearest whole dollar)
◦ $142,571
◦ $126,678
◦ $148,016
◦ $136,855
◦ $134,392

Question 2

How much will you need in 30 years to have the same purchasing power that $150 has today, if inflation averages 4% per year?
◦ $486.51
◦ $180.00
◦ $120.00
◦ $169.08
◦ $330
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by rl on Apr 25, 2021

cam1229

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rl

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

AISCAMPING

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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