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how can i inflate the following prices given an inflation rate of 4%
year1
$25
year2
$25
year3
$27
year4
29time 1: 25 x 1.04
time 2: 25 x 1.04^2
time 3: 27 x 1.04^3
time 4: 29 x 1.04^4I do suggest that you watch our free lectures on investment appraisal with inflation.
Our free lectures are a complete course for Paper F9 and cover everything needed to be able to pass the exam well.
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