Question 1172776
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<pre>

The average multiplicative inflation factor during 10 years under given condition is


    {{{root(10, (1+0.04)^4*(1+0.06)^3*(1+0.09)^3))}}} = 1.060799.


It means that the nominal inflation rate is  1.060799 - 1 = 0.060799,  or  6% (rounded).    <U>ANSWER</U>
</pre>

Solved.


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Notice that to answer the question, &nbsp;the initial/original price of the item &nbsp;DOES &nbsp;NOT &nbsp;matter.


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On inflation, &nbsp;see numerous solved problems in the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/logarithm/Inflation-and-Salary-problems.lesson>Inflation and Salary problems</A> 

in this site.