What is the actual dollar equivalent
What is the actual dollar equivalent of $10,000 constant dollars 20 years from now? Inflation is 5% per year and the inflation free (real) rate is 8%?
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Freda acquired a passive activity this year for $870,000. Gross income from operations of the activity was $160,000. Operating expenses, not including depreciation, were 122,000.
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Can somebody do this problem and walk me though the steps to complete it, the book comes with the charts but i dont know how to put the information into them. this seems to be the only problem.
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