dsmith276 dsmith276

07-10-2021
Mathematics

contestada

If prices increase 3% each year for 10 years, then a jacket that costs $70 today will cost $94.07 in 10 years. What is the percentage decrease in the buying power of currency over the 10-year period? (Round your answer to one decimal place.)

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irunthepaint irunthepaint

07-10-2021

Answer:

34.4%

Step-by-step explanation:

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