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Mathematics, 24.11.2020 21:20 abby6628
When the average price of an item increases from p1 to p2 over a period of n years, the annual rate of inflation r (in decimal form) is given by r=(p2p1)1/n−1. The average price of a loaf of bread increased from $1.00 in 1980 to $3.20 in 2013. What is the annual rate of inflation r
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When the average price of an item increases from p1 to p2 over a period of n years, the annual rate...
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