Question: ( a ) Widgets currently cost $ 1 k g . You put $ 1 4 0 0 into an investment account with 1 4
a Widgets currently cost $ You put $ into an investment account with annual interest. Through use of an exact calculation ie don't approximate
real interest how many of widgets can you purchase in years if inflation is annually? point
b How much will the widgets in the problem above cost at the time of purchase ie the total cost of all the widgets you're going to purchase point
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