a farm increases in value from $800,000 to $1,100,000 over a period of 6 years. use the formula r=(f/p)^1/n−1 to find the annual inflation rate r to the nearest tenth of a percent, where n is the number of years during which the value increases from p to f.

a farm increases in value from $800,000 to $1,100,000 over a period of 6 years. use the formula r=(fp)1/n−1 to find the annual inflation rate r to the nearest tenth of a percent, where n is the number of years during which the value increases from p to f.