In 2010, You Make an Investment That Will Grow to $50,000

question 34

Multiple Choice

In 2010, you make an investment that will grow to $50,000 in 2020. The CPI in 2010 is 218.1 and you guess that the CPI in 2020 will be 270.0. In 2020, approximately how much will your investment be worth in 2010 dollars?

• A) $40,389
• B) $50,000
• C) $61,898
• D) None of the above.

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Old Testament

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Pope Leo X

was head of the Catholic Church from 1513 to 1521, known for his lavish spending and involvement in the sale of indulgences, which contributed to the Protestant Reformation.

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