In essence, 10 percent yearly inflation means that if something costs one dollar today, it will cost next year.

There are no options given in this question and so it has to be answered from my knowledge. I hope the answer satisfies you and comes to your help. In essence, 10 percent yearly inflation means that if something costs one dollar today, it will cost $1.10 next year. this is a simple calculation and needs no further elaboration.

Ithink it’s bill gates.