First, get the difference between the price level changes.
Then, divide it by the initial price level, which is 109.
Multiply by 100 to get its percent.
Thefore, the inflation rate during the year is 3.67 percent.
The <u>correct answer</u> is:
As x→-∞, y→-3.
As x→∞, y→∞.
Explanation:
As our values of x get further into the negative numbers, the value of 2ˣ will approach 0. This is because raising a number to a negative exponent "flips" the number below the denominator and raises it to a power; we end up with smaller and smaller fractions, eventually so small that they nearly equal 0.
This will make the value of the function 0-3=-3.
As x gets larger and larger (towards ∞), the value of y, 2ˣ, continues to grow as well. Since it continues to grow exponentially, we say the value approaches ∞.
Peer-to-peer is good for fast payment but is lacking in the transfer of funds security as there is mostly made b/w people with one unknown history or background, most people meeting for the first time, Compared to cash or check which is handled physically. This is further explained below.
<h3>Looking at the repayment time of peer-to-peer users how would you assume it compares to that every payment via cash or check?</h3>
Generally, P2P, which stands for peer-to-peer, is a method of payment that enables users to make purchases without needing to have access to their financial institution's account information. The transfer is completed quickly and, in most cases, at no cost. There is a generational divide in terms of adoption, but the vast majority of Americans today make use of mobile payment applications.
In conclusion, Peer-to-peer transactions are typically conducted between people who do not know each other's histories or backgrounds, and the majority of transactions involve people who are meeting for the first time. This makes peer-to-peer transactions less secure than cash or checks, which are physically handled. Peer-to-peer transactions are useful for making payments quickly.
Read more about Peer-to-peer
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I believe it's b , hopefully this helps
