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4. Suppose that the infiation rate is 3.5% which means that the overall level of prices is tising 3.5%s a year. How many years will

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4. Suppose that the infiation rate is 3.5% which means that the overall level of prices is tising 3.5\%s a year. How many years will it take for the overall level of prices to dovble? 5. Keisha must pay a lump sum of $6000 in 5 years. What amount deposited today at 6.2% compounded annually will amount to $6000 in 5 years

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