subject
Mathematics, 06.02.2021 02:00 Manglethemango9450

"Inflation" means that, over time, it costs more dollars to maintain the same buying power. The inflation rate is calculated as how much more (in %) it costs to maintain the same buying power over a period of time. An inflation calculator shows that $1000 in 2000 has the same buying power as 1,526 does in 2020. Based on this information, calculate the 20-year inflation rate between 2000 and 2020. Please report your answer in %.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Subscriptions to a popular fashion magazine have gone down by a consistent percentage each year and can be modeled by the function y = 42,000(0.96)t. what does the value 42,000 represent in the function?
Answers: 2
question
Mathematics, 21.06.2019 21:00
Tessa bought stock in a restaurant for $253.00. her stock is now worth $333.96. what is the percentage increase of the value of tessa's stock? a.) 81% b.) 32% c.) 24% d.) 76%
Answers: 1
question
Mathematics, 21.06.2019 22:00
Fatima plans to spend at least $15 and at most $20 dollars on sketch pads and pencils. if she buys 2 sketchpads, how many pemcils can she buy while staying in her price range? fatima can buy between and pencils. ? (type whole numbers. use ascending? order.)
Answers: 1
question
Mathematics, 21.06.2019 23:00
If t8 = 4 and t12 = โˆ’2, find the first three terms of the arithmetic sequence.
Answers: 1
You know the right answer?
"Inflation" means that, over time, it costs more dollars to maintain the same buying power. The infl...
Questions
question
Mathematics, 19.09.2019 17:30
question
Mathematics, 19.09.2019 17:30
question
Mathematics, 19.09.2019 17:30