Question

Assignment Scoring Your best submission for each question part is used for your score 34. -1 points CraudaL3 21.021b. 0r3 Submissions Used My Notes Ask Your The following table shows how the buying power of a dollar is reduced with inflation. The second line in the table gives the percent reduction of a dollar's buying power in one year due to the corresponding inflation rate. Annual inflation rate 20% 30% 40% 50% 10% Buying power reduction 9.1% 16.7% 23.1% 28.5% 33.3% Annual inflation rate 50% 70% 80% 90% 100% Buying power reduction 37.5% 41.2% 44.4% 47.4% 50.0% if the buying power of a dolar declined by 26% during a year what was the nflation rate during that year? Suggestion between 30% and 40%. Interpolate to find the answer more accurately. (Round your answer to one decimal place.) First note that 25% s en 23.1%, and 286%. so the ans nflation at e must be a eBook Submit Arnswer Save Prorss Praclice Another Version Vicw Previous Question Question 34 of 34 Home My Assignments Extension Roquest

Answer 1

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