Answer:
The annual rate of inflation r is $0.013
Step-by-step explanation:
Annual rate of inflation r = (p2p1)1/n-1 = p2p1/n-1
p2 = $5.83, p1 = $0.22, n = 2013 - 1913 = 100
r = $5.83 × $0.22/100 - 1 = $1.2826/99 = $0.013 (to the nearest thousandth)
4/64
then that simplifies to 1/16
Answer:
y = -1x + 5
Step-by-step explanation:
