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15. Total inflation rate for the last 30 years is 125%. What is the annual average...

15. Total inflation rate for the last 30 years is 125%. What is the annual average inflation rate?


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Answer #1

rate positively .. let me know if you need any clarification..

computation of average inflation rate .
Average inflation rate = (1+125%)^(1/30)-1
2.74%
Therefore answer = 2.74%
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