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Flaws, Fallacies, and Flimflam: What is $100 in Three Years Worth Right Now?

by Christopher Thron

This article originally appeared in:
College Mathematics Journal
September, 2011

Subject classification(s): Applied Mathematics | Mathematical Economics | Mathematics for Business | Numbers and Computation | Arithmetic | Exponents
Applicable Course(s): 2.6 Math Liberal Arts | 2.8 Business Math

The author considers the effects of inflation and interest rates on computing the present value of $100 three years from now.

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