Which of the following systems would you use to determine which trends in your supplier's industry will affect your firm the mos
1 answer:
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Answer:
exact actual growth rate of your purchasing power was 4.8%
Explanation:
given data
nominal rate of interest = 10%
inflation rate = 5%
solution
we get here exact actual growth rate that is express as
exact actual growth rate = ..........................1
put here value and we will get
exact actual growth rate =
exact actual growth rate = 4.8 %
so here exact actual growth rate of your purchasing power was 4.8%