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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Show transcribed image text Suppose you want to earn a real interest rate of 5%. For inflation rates of 0.0, 1.0, 2.0,. . . , 9.0, 10.0, 15.0, 20.0, and 50.0%, determine the combined rate of interest you must earn. Carry all interim calculations to S decimal places and then round your final answer to 1 decimal place. The tolerance is plus or minus 0.2.
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