achoward08
achoward08
06.06.2020 • 
Mathematics

A farm increases in value from $800,000 to $1,100,000 over a period of 6 years. Use the formula r= ( F/P) ^1/n -1 to find the annual inflation rate r to the nearest tenth of a percent, where n is the number of years during which the value increases from P to F.


A farm increases in value from $800,000 to $1,100,000 over a period of 6 years. Use the formula r=

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