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Homework answers / question archive / Paul just graduated from college and landed his first? "real" job, which pays ?$36,200 a year

Paul just graduated from college and landed his first? "real" job, which pays ?$36,200 a year

Finance

Paul just graduated from college and landed his first? "real" job, which pays ?$36,200 a year. In 12 ?years, what will he need to earn to maintain the same purchasing power if inflation averages 4 ?percent?  

The future? value, FV?, Paul will need to earn if inflation averages 4 percent is ?$?

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