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Last year, you put 100 USD into an investment and earned a 10% rate of return. Today you are happy to see you now have
Last year, you put 100 USD into an investment and earned a 10% rate of return. Today you are happy to see you now have 110 bucks in there. Looking around at the prices of things, however, you realize that you are only able to buy 6.2% more stuff today than you could last year. What was the inflation rate over the course of the year? Enter answer in percents, accurate to 2 decimal places.
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