Inflation
Once upon a time, the tsar owned a money printer and printed and printed. Printing money prices went up in the first year 2.7 %, in the second 2.1%, in the third 3.6%, and in the fourth 5.4%.
Then tsar failed in the election.
Calculate the average annual inflation rate (price increase percentage) during these four years.
Then tsar failed in the election.
Calculate the average annual inflation rate (price increase percentage) during these four years.
Correct answer:
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You need to know the following knowledge to solve this word math problem:
- statistics
- geometric average
- arithmetic
- square root
- multiplication
- basic functions
- percentages
- numbers
- real numbers
Units of physical quantities:
Grade of the word problem:
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