4- Suppose the price of a car is 400,000 TL now. If the inflation rate is 8% per year, how much would the price be after 3 years and if you invest 325,000 TL now to the bank at the market rate of 15%, would you be able to buy the tar? 503,885 TL; Can Buy 205% b) O 490,017 TL; Cannot Buy 490,017 TL; Can Buy 106,460 TL; Cannot Buy d) 503,885 TL; Cannot Buy Leave blank

4- Suppose the price of a car is 400,000 TL now. If the inflation rate is 8% per year, how much would the price be after 3 years and if you invest 325,000 TL now to the bank at the market rate of 15%, would you be able to buy the tar? 503,885 TL; Can Buy 205% b) O 490,017 TL; Cannot Buy 490,017 TL; Can Buy 106,460 TL; Cannot Buy d) 503,885 TL; Cannot Buy Leave blank

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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