Title: Suppose your bank pays you 4 percent interest per year on your savings account, so that $1,000 grows ... Post by: barmour44 on Jul 21, 2019 Suppose your bank pays you 4 percent interest per year on your savings account, so that $1,000 grows to $1,040 over a one-year period. If prices increase by 1 percent per year over that time, approximately how much real value do you gain by keeping $100 in the bank for a year?
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Title: Suppose your bank pays you 4 percent interest per year on your savings account, so that $1,000 grows ... Post by: barmour44 on Jul 21, 2019 Thanks
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