Question: I will rate! The spot exchange rate between the US' and Neverland's currencies is $1=N170. The expected spot exchange rate in 3 years is $1=N240.

I will rate!

The spot exchange rate between the US' and Neverland's currencies is $1=N170. The expected spot exchange rate in 3 years is $1=N240. Calculate the difference in the annual inflations rates in the two countries for this time period. (Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places. Put your answer in percent, but DO NOT use "%" in your answer. For example, if your answer is 1.23%, put 1.23)

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