Question: Question 10 0/2 pts 5 3 99 Inflation causes things to cost more, and for our money to buy less (hence your grandparents saying In

Question 10 0/2 pts 5 3 99 Inflation causes things to

Question 10 0/2 pts 5 3 99 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 20 years? (2)=(6)" Question Help: Video Message instructor

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