Test Your Financial Knowledge
2. You leave $10,000 in a chequing account that earns a 0% return. Assuming a 2% rate of inflation, what is the approximate purchasing power of your money in 20 years?
A.
B.
C.
D.
2. You leave $10,000 in a chequing account that earns a 0% return. Assuming a 2% rate of inflation, what is the approximate purchasing power of your money in 20 years?
A.
B.
C.
D.