Mathematics, 20.07.2020 22:01, noodleboy0923

If the rate of inflation averages per annum over n years, the amount A that SP will purchase after n years is A = P(1 - 1)", wherer is expressed as a decimal. If the inflation rate averages 3.4%, how much will $2,500 purchase in 3 years?
In 3 years, $2,500 will purchase $
(Round to the nearest cent as needed.)

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If the rate of inflation averages per annum over n years, the amount A that SP will purchase after n...