redskinz1972 redskinz1972
  • 18-05-2017
  • Mathematics
contestada

Nancy had an income of $26,500 this year. If the inflation rate was 11 percent, what was her purchasing power?

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belleandbeast
belleandbeast belleandbeast
  • 18-05-2017
.89($26,500)=$23,585. we are using .89 because that is what 1-.11 equals.
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thelonepolar
thelonepolar thelonepolar
  • 15-02-2021

Answer:$23,585

Step-by-step explanation: I took the test

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