Mathematics, 29.06.2021 02:10 Triciamorrison
From 1929 through the early 1930s, the prices of consumer goods actually decreased. Economists call this phenomenon deflation. The rate of deflation during this period was about 7% per year, meaning that prices decreased by 7% per year. To get a sense of what this rate would mean in the long run, let's suppose that this rate of deflation persisted over a period of 20 years.
What would be the cost after 20 years of an item that costs $100 initially? (Round your answer to the nearest cent.)
$
Answers: 2
Mathematics, 22.06.2019 00:50, 20alyssityh224
Arectangle has a perimeter of 24 inches. if the width is 5 more than twice the length, what are the dimensions of the rectangle?
Answers: 3
From 1929 through the early 1930s, the prices of consumer goods actually decreased. Economists call...
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