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If inflation is at 5% and a product costs $100, what will be the cost of the pro

Practice Questions

Q1
If inflation is at 5% and a product costs $100, what will be the cost of the product after one year?
  1. $105
  2. $110
  3. $115
  4. $120

Questions & Step-by-Step Solutions

If inflation is at 5% and a product costs $100, what will be the cost of the product after one year?
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