Mathematics, 26.01.2021 04:00 shainaanderson24
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A farm increases in value from $800,000 to $1,100,000 over a period of 6 years. Use the formula r=(FP)1/n−1 to find the annual inflation rate r to the nearest tenth of a percent, where n is the number of years during which the value increases from P to F.
The annual inflation rate is about %.
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