1 Answered Questions for the topic Rate Of Inflation

Rate Of Inflation Percentage

03/25/15

What would be the cost in 2020 of an item that costs $400 in 2000? (Round your answer to the nearest cent.)
The rate of inflation measures the percentage increase in the price of consumer goods. The rate of inflation in the year 2000 was 3% per year. To get a sense of what this rate would mean in the... more
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