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In a country where inflation is a concern, prices have risen by 35% over a 8-year period. (a) By what percent do the prices rise
In a country where inflation is a concern, prices have risen by 35% over a 8-year period. (a) By what percent do the prices rise each year?
Preview Change entry mode % (Report your answer correct to one decimal place.)
(b) How long does it take for prices to rise by 33%? t = Preview Change entry mode years (Report your answer correct to one decimal place.)
(c) Find the continuous percent growth rate per year Preview Change entry mode % (Report your answer correct to one decimal place.)
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