XWave Ltd. has spent $150 000 for the retraining of its personnel this year, and decided to repeat the retraining every third year. How much will this retraining cost next time if annual inflation is going to be 4% over the next five years?
A) $162 450
B) $168 730
C) $169 780
D) $171 216
E) $174 549
Correct Answer:
Verified
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