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What is the true purchasing power one year from now of $1,000 in a savings account,if it is earning 2 percent APY and inflation is 3 percent?
Major Organic Product
The primary substance produced in the highest yield during an organic chemical reaction.
Major Product
The primary product formed in the greatest amount during a chemical reaction.
Saponification
A chemical reaction involving the hydrolysis of fats or oils by an alkali to produce glycerol and soap.
Ester Hydrolysis
A chemical reaction in which an ester is converted into its constituent alcohol and acid by the action of water or a hydroxide ion.
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