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If for 10 years the inflation rate was 4% a year and 6% for another 10 years, what is the average inflation rate per year?
If for 10 years the inflation rate was 4% a year and 6% for another 10 years, what is the average inflation rate per year? What is the average annual inflation rate?
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
