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    Applied Calculus Study Set 1
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    Exam 5: Exponential and Logarithmic Functions
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    At an Annual Inflation Rate of 9
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At an Annual Inflation Rate of 9

Question 206

Question 206

Multiple Choice

At an annual inflation rate of 9.5%, how long will it take the Consumer Price Index (CPI) to double? Round your answer to two decimal places. ​


A) 7.64 year(s)
B) 7.47 year(s)
C) 7.38 year(s)
D) 7.33 year(s)

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