Solve.
-How long will it take for prices in the economy to double at a 4% annual inflation rate? Use the exponential growth model (Round to the nearest year.)
A) 14 yr
B) 23 yr
C) 18 yr
D) 28 yr

Question

Solve.
-How long will it take for prices in the economy to double at a 4% annual inflation rate? Use the exponential growth model  (Round to the nearest year.)
A) 14 yr 
B) 23 yr 
C) 18 yr 
D) 28 yr

Quizplus · Accepted Answer

The Answer of Solve.
-How long will it take for prices in the economy to double at a 4% annual inflation rate? Use the exponential growth model  (Round to the nearest year.)
A) 14 yr 
B) 23 yr 
C) 18 yr 
D) 28 yr

Solve. -How Long Will It Take for Prices in the Economy