At an Inflation Rate of 9 Percent, the Purchasing Power

question 78

Multiple Choice

At an inflation rate of 9 percent, the purchasing power of R1 would be cut in half in 8.04 years.How long to the nearest year would it take the purchasing power of R1 to be cut in half if the inflation rate were only 4%?

• A) 12 years
• B) 15 years
• C) 18 years
• D) 20 years
• E) 23 years

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Definitions:

Gamma Rays

Electromagnetic radiation of the highest energy and shortest wavelength in the electromagnetic spectrum, resulting from radioactive decay or nuclear reactions.

Alpha Particles

Alpha particles are a type of ionizing radiation ejected from the nuclei of some radioactive atoms, consisting of two protons and two neutrons.

Cell's Organelles

Specialized structures within a cell that perform specific tasks, such as energy production, protein synthesis, and processing of genetic information.

Alpha Particles

Helium nuclei emitted from radioactive substances, consisting of two protons and two neutrons.