In 1923, a certain country underwent one of the worst periods in history of hyperinflation, which is extraordinarily large inflation in prices. At the peak of the hyperinflation, prices rose 11,000% per month. At this rate, by what percentage would prices have risen in 1 year? In 1 day? (Assume 30 days per month.) The annual inflation rate is ___ x 10 ^ ___%
(Type whole numbers.)

The daily inflation rate is ___ %.
(Round to the nearest whole number as needed.)

3.498 * 10^26 % ; 16.9% per day

Step-by-step explanation:

Inflation rate = 11,000 per month

Hence, price after a month :

Final price = initial price (1 + rate)

Final price = 1 + 11000/100

Final price = (1 + 110) * initial price

Final price = 111 times the initial price

Hence inflation over the 12 month period :

(111)^12 = 3.498 * 10^24

(3.498 * 10^24) * 100% = 3.498 * 10^26 %

The daily inflation rate :

Number of days = 30

30th root of 3.498 * 10^24 = 1.169

(1.169 - 1) = 0.169

0.169 * 100% = 16.9% per day

step-by-step explanation:

x^2 -12x + 36 + y^2 = 36

x^2 + y^2 = 12x

r^2 = 12rcos(theta)

r = 12 cos(theta)

maximum area = xy = (16)(32) = 512 ft2

to maximize the area of the garden, the side of the fence parallel to the side of the house should be 32 ft long, and the other two sides should both have length 16 ft.'

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