Homework answers / question archive /  The real cash flow occurring in year 2 is $60,000

 The real cash flow occurring in year 2 is $60,000

Accounting

Share With

 The real cash flow occurring in year 2 is $60,000. If the inflation rate is 5 percent per year and the real rate of interest is 2 percent per year, calculate the nominal cash flow for year 2. 
$60,000 $62,424 $66,150 $63,654