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book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134162690
book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134162690
Exercise 4
For prices that are increasing at an annual rate of 5% the first year and 8% the second year, determine the average inflation rate
For prices that are increasing at an annual rate of 5% the first year and 8% the second year, determine the average inflation rate     over the two years. over the two years.
Explanation
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Contemporary Engineering Economics 6th Edition by Chan Park
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