At an inflation rate of 9%, the purchasing power of $1 would be cut in half in
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At an inflation rate of 9%, the purchasing power of $1 would be cut in half in just over 8 years (some calculators round to 9 years). How long, to the nearest year, would it take for the purchasing power of $1 to be cut in half if the inflation rate were only 4%?
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Project Management A Managerial Approach
ISBN: 978-0470226216
7th Edition
Authors: Jack R. Meredith, Samuel J. Mantel,
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