Answer:
Step-by-step explanation:
The formula representing the the annual inflation rate r is expressed as
r = (F/P)1/n−1
Where
n represents the the number of years during which the value increases from P to F
A farm increases in value from $800,000 to $1,100,000 over a period of 6 years. This means that
P = $800,000
F = $1,100,000
n = 6
Therefore,
r = (1100000/800000)1/6−1
r = 1.375/5 = 0.275
Answer:
Answer is X<5
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Step-by-step explanation:
Answer:2
Step-by-step explanation: 1+1=2
