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Unformatted text preview: power of the dollar. The CPI is the buying power of a consumer for a basket of goods. This price fluxgates with inflation and with advances in technology as well as other factors. 5. Application Problem: Give one example where you may use a concept found in this chapter. While trying to find the best rate of interest between three banks I currently use I calculated the interest for the different terms and compound rates to determine the best rate....
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This note was uploaded on 12/30/2009 for the course MATH 1220 taught by Professor Roarty during the Spring '09 term at Metropolitan Community College- Omaha.
- Spring '09