Discussion Post: Cost Estimation & Financial Analysis
o You had $1,000,000 in 1970. What is that amount worth today in buying power? (Hint: Compound each year using the published inflation rates for each year thru 2020).
o You currently earn an annual salary of $100,000. What would the equivalent look like in 1986? (Hint: Discount each year using the published inflation rates back to 1986).
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.