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1. An investment pays $9000 per year for 7 years. Real MARR is 8% per year and inflation is 6% per year. What is the
1. An investment pays $9000 per year for 7 years. Real MARR is 8% per year and inflation is 6% per year. What is the Actual MARR? Round your final answer to ONE DECIMAL point.
2. If prices are expected to rise by 65% in total over the next 6 years, what is the average annual inflation rate over that period? Round your final answer to ONE DECIMAL point.
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