If you experience a 6 % annual inﬂation, how long does it take to see the purchasing power being reduced in half?

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📊 Information systems and engineering economics

Q. If you experience a 6 % annual inﬂation, how long does it take to see the purchasing power being reduced in half?

(A) 13 years
(B) 10 years
(C) 12 years
(D) 11years

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✅ Correct Answer: (C) 12 years

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