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Mathematics 17 Online
OpenStudy (anonymous):

Nancy had an income of $26,500 this year. If the inflation rate was 11 percent, what was her purchasing power?

OpenStudy (anonymous):

just times it by 1.11

OpenStudy (anonymous):

do 26500*0.111

OpenStudy (anonymous):

ya get it?

OpenStudy (mathstudent55):

The purchasing power is decreased by the inflation, so it is 89% of $26,500

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