7% = 0.07
to increase multiply price by 1.07
14.50 * 1.07 = 15.515 = $15.52
Hello,
If the rate of return on an investment was 3% and the inflation rate was also 3%, then your buying power would remain the same. The two equal values would cancel each other out.
Imagine being given $300 and than having to pay $300, you are back where you started.
Good luck,
MrEQ
Answer:
1. -5
2.10
3.1
4.-10
5.18
6.10
7.4
8.-1
9.1
10.89
11.3
12.10
13.13
14.-2
15.-7
16.14
17.-8
18.-6
19.-8
20.-22
Step-by-step explanation:
Answer:
22/24
Step-by-step explanation:
