Question: Old MathJax webview tabulate the growth from $ 1 to 1, 5, 10, 15 and 20 years if the annual compound interest rates are: 10%,
Old MathJax webview
tabulate the growth from $ 1 to 1, 5, 10, 15 and 20 years if the annual compound interest rates are: 10%, 20%, 30%, 40%, 50%, 60%, 70%, 80%, 90 %, 100%.
Consider that the interest rates for this exercise are annual inflation rates. What would happen to prices? What conclusions can you make?
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