Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

تمرين 29

The amount of money that would be accumulated now from an investment of $1000 25 years ago at a market rate of 5% per year and an inflation rate averaging 2% per year over that time period is closest to:
A) $1640
B) $3385
C) $5430
D) Over $5500