Business, 01.08.2019 16:40, minnahelhoor
Johanna's grandmother gives her $8,000 to pay for the entire first year's tuition at a state college, a year from now. johanna puts the money into her checking account, but during the next year, inflation is expected to be 10% and the tuition of her college increases with inflation. how much additional money must johanna come up with to pay her tuition?
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Johanna's grandmother gives her $8,000 to pay for the entire first year's tuition at a state college...
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