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XWave Ltd. has spent $150 000 for the retraining of its personnel this year, and decided to repeat the retraining every third year. How much will this retraining cost next time if annual inflation is going to be 4% over the next five years?
Incentive
A factor, monetary or otherwise, that motivates individuals or entities to act in a particular way or to pursue a certain course of action.
Advertise
The act of promoting products, services, or ideas through various media channels in order to attract or increase interest among consumers.
Market Power
The ability of a firm or group of firms to influence the price of goods or services in a market.
Influence
The capacity to have an effect on the character, development, or behavior of someone or something.
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