Prices climb at a constant 4% annual rate. (Round your answers to three decimal places.)
(a) By what percent will prices have climbed after 5 years?
(21.665 ) %
(1+4%)^5-1=21.665%
(b)...
Prices climb at a constant 4% annual rate. (Round your answers to three decimal places.)
(a) By what percent will prices have climbed after 5 years?
(21.665 ) %
(1+4%)^5-1=21.665%
(b)...