document.write( "Question 1172776: Ten years ago, an item cost $2,500. The rate of inflation for the first 4 years was 4%, during the next 3 years 6% and for the last 3 years 9%. Assuming that the increase in price were due to the inflation alone, what is the average inflation rate during 10 years?\r
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Algebra.Com's Answer #797886 by ikleyn(52790)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( " \r\n" ); document.write( "\r\n" ); document.write( "The average multiplicative inflation factor during 10 years under given condition is\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Notice that to answer the question, the initial/original price of the item DOES NOT matter.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "============\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "On inflation, see numerous solved problems in the lesson\r \n" ); document.write( "\n" ); document.write( " - Inflation and Salary problems \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |