Mathematics, 04.12.2020 07:10 ryantrajean7
In 1923, a certain country underwent one of the worst periods in history of hyperinflation, which is extraordinarily large inflation in prices. At the peak of the hyperinflation, prices rose 23,000% per month. At this rate, by what percentage would prices have risen in 1 year? In 1 day? (Assume 30 days per month.)
The annual inflation rate is:
The daily inflation rate is:
Answers: 1
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In 1923, a certain country underwent one of the worst periods in history of hyperinflation, which is...
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