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svetlana [45]
3 years ago
8

The greatest payout for a personal injury was recorded at $163,882,660 in 1993. The car wreck actually occurred in the year 1987

. If the guilty part paid in the year the wreck actually happened, what would have been the equivalent payout in 1987?
Mathematics
1 answer:
dem82 [27]3 years ago
3 0

Answer:

$127,618,279.99

Step-by-step explanation:

Adjusted for inflation, $163,882,660.00 in 1993 is equal to $127,618,279.99 in 1987.

Annual inflation over this period was 4.26%.

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