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What will your clients monthly expenses be at the end

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Question - Your clients have become concerned about inflation. They have asked you what kind of impact inflation may have on their portfolio. To demonstrate you ask them what their monthly expenses are. Currently their expenses are $5863 per month. If the cost of living increases by 6% per year, what will your clients monthly expenses be at the end of 26 years?

Reference no: EM133190012

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