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If the rate of inflation is 3.9% per year number of years from today. p(t)=800(1.039)^(t)

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter2: The One Lesson Of Business

Section: Chapter Questions

Problem 2.6IP

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If the rate of inflation is 3.9% per year number of years from today. p(t)=800(1.039)^(t)

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