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If inflation is expected to be 5% next year, 7% two years from now, and 4% for the remaining years, calculate predicted inflation one year
If inflation is expected to be 5% next year, 7% two years from now, and 4% for the remaining years, calculate predicted inflation one year from now: (use decimals to the 100ths, for example 8.54) A What is the predicted average inflation rate two years from now (use two decimals, for example 8.54) A What would the average expected inflation be over 20 years? (again, two decimals please such as 8.54) A
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