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n rates have averaged 4% over the past 50 years, how much would you need to earn in salary 25 years from now to equal the 75K that you currently make?...

Given that historical inflation rates have averaged 4% over the past 50 years, how much would you need to earn in salary 25 years from now to equal the 75K that you currently make?
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I am attaching a excel... View the full answer

8441081.xlsx

Current Salary
Historical Rate of Inflation
Time Period in Years
Future Value $75,000.00
4.00%
25
$199,937.72 So one needs to earn $1,99,937.72 after 25 years, so that it is equal to $75000 in...

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