If you experience an 34 % annual inflation, how long does it take to see your present worth (money today) reduced in half?

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter20: Engineering Economics
Section: Chapter Questions
Problem 11P
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 If you experience an 34 % annual inflation, how long does it take to see your present worth (money today) reduced in half?

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