Question: 0 Question 8 E 0/2 pts '0 3 8 99 G) Details Inflation causes things to cost more, and for our money to buy less

0 Question 8 E 0/2 pts '0 3 8 99 G) Details Inflation causes things to cost more, and for our money to buy less (hence your grandparents saying "In my day, you could buy a cup of coffee for a nickel"). Suppose inflation decreases the value of money by 4% each year. In other words, if you have $1 this year, next year it will only buy you $0.96 worth of stuff. How much will $100 buy you in 25 years? $l:]

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