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Mathematics, 12.10.2020 14:01 mirandac7747

Johnny's interest rate on his saving account is 3% per year, and inflation is 2.5% per year. After one year, what would the money in his account buy? less than today because 3% is greater than 2.5%

more than today because interest is earned on the account

more than today because 3% is greater than 2.5%

less than today because the inflation rate is greater than 0

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Johnny's interest rate on his saving account is 3% per year, and inflation is 2.5% per year. After o...

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