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Business, 01.03.2021 22:20 ThGlitchz

You put $8000 today in a bank safe deposit box and leave it there. You earn nothing in your bank account as the money is sitting inside a safe deposit box. Assume inflation rate is 10% a year. How much will your $8,000 be worth at the end of 5 years? a. $5,366.21
b. $4,723.92
c. $12,884.08
d. $11,454.12

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