Mathematics, 04.12.2020 02:00 joehelmy
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 2000% 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
%.
(Type whole numbers.)
The daily inflation rate is
nothing%.
Answers: 2
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