During a certain 8 year. The Consumer Price Index CPI increased by 70% but during the next eight year. Increased by only 60% which of these conditions must have existed during the second year.

what

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

this is a good question! i’ll do some research and what i find, i’ll contact you asap when i have something! ✊

umm im not really sure because i never had to do this

step-by-step explanation: