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The Multiplicative Decrease in Purchasing Power P After T Years

Question 55

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The multiplicative decrease in purchasing power P after t years of inflation at 3% can be modeled by The multiplicative decrease in purchasing power P after t years of inflation at 3% can be modeled by    Graph the decrease in purchasing power as a function of t years.
Graph the decrease in purchasing power as a function of t years. The multiplicative decrease in purchasing power P after t years of inflation at 3% can be modeled by    Graph the decrease in purchasing power as a function of t years.

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