The annual rate of inflation is given by the formula i =
1, where P1
is the initial price of...
Mathematics, 21.09.2020 14:01 garrettbates01
The annual rate of inflation is given by the formula i =
1, where P1
is the initial price of an
item and pa is the final price of an item over a period of n years. In 1980, the average price of an ounce
of gold was $850. By 2011, the average price was $1,800. In this situation, what is n?
31
0.024
050
Meeting in General
OS
Answers: 3
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