If the inflation rate for the next 20 years is 4% per year, what hourly rate of pay in 20 years will be equivalent to $10 per hour today?
A) $226.00
B) $14.56
C) $19.19
D) $21.91
E) $22.60

Question

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The Answer of If the inflation rate for the next 20 years is 4% per year, what hourly rate of pay in 20 years will be equivalent to $10 per hour today?
A) $226.00
B) $14.56
C) $19.19
D) $21.91
E) $22.60

If the Inflation Rate for the Next 20 Years Is