A government agency has reported the quarterly inflation rates shown below for the previous four quarters. What
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A government agency has reported the quarterly inflation rates shown below for the previous four quarters. What was the effective annual inflation rate?
a. 2 percent
b. 2.75 percent
c. 11 percent
d. 11.45 percent
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Related Book For 
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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