2007 morning Question 1, inflation adjustment issue

Hi, In the guideline answer of 2007 morning Q1, the living expense, aka the PMT term is equal to: 200,000 x 1.025. Isn’t the inflation rate is double counted in the guideline answer? BTW, what does CFAI EOC stand for? thx.

jinstudy Wrote: ------------------------------------------------------- > > > BTW, what does CFAI EOC stand for? > > > thx. CFAI - CFA books EOC - End of Chapter

I have done the EOC last year and failed.