Business, 18.06.2021 04:50, xojade

In order to calculate the amount of money needed to maintain a standard of living 20 years from now, you attempt to calculate an FV (20 years from now) of today's living expenses. What would be most appropriate for you to use as the interest rate? Money market rate
Expected inflation rate
Average market rates of return
Average market return + inflation

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In order to calculate the amount of money needed to maintain a standard of living 20 years from now,...