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