5. 10.5 If the inflation rate is 5% per year, how many years will it take for...

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5. 10.5 If the inflation rate is 5% per year, how many years will it take for the cost of an item to double, if the price increases only by the inflation rate? Obtain the answer using

(a) an equation, and

(b) Figure 1.3.

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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