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Mathematics, 04.05.2021 23:30 omar1590

24. When the average price of an item increases from p to P2 over a period of n years, the price P2 is given by P2 = pi(r + 1)", where r is the annual rate
of inflation (in decimal form). Find the annual rate of inflation when the price
of a loaf of bread was $1.19 in 1970 and $3.29 in 2010,

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