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Phoenix [80]
3 years ago
15

Nancy had an income of $26,500 this year. If the inflation rate was 11 percent, what was her purchasing power?

Mathematics
1 answer:
sweet-ann [11.9K]3 years ago
5 0
.89($26,500)=$23,585. we are using .89 because that is what 1-.11 equals.
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