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Business, 11.03.2020 03:12 j1theking18

A saver has $2,600 on deposit in an account earning 6 percent interest. During this year, the inflation rate was 7 percent. After one year, what is the buying power of the amount in savings for that person?

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A saver has $2,600 on deposit in an account earning 6 percent interest. During this year, the inflat...
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