Question
Problem 9-6 Your investments increased in value by 16.3 percent last year but your purchasing power increased by only 6.5 percent. What was the approximate
Problem 9-6
| Your investments increased in value by 16.3 percent last year but your purchasing power increased by only 6.5 percent. What was the approximate inflation rate? (Enter your answer as a percent rounded to 1 decimal place. Omit the "%" sign in your response.) |
| Inflation rate | % |
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Financial Intelligence
Authors: Income Mastery
1st Edition
1647773210, 978-1647773212
