Question: average inflation rate is 3 . 2 % . a ) What is the ( nominal ) value after 9 years? Round down to the

average inflation rate is 3.2%.
a) What is the (nominal) value after 9 years? Round down to the nearest penny.
b) How much real interest has been earned after 9 years? Round to the nearest dollar.
 average inflation rate is 3.2%. a) What is the (nominal) value

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