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Burning · Answer 1 · 2018-11-18T18:52:45+0000

According to the rule of 72, the doubling time for price level when the inflation rate is r%, is given by

$t= (ln(2))/(ln(1+r/100)) \approx (72)/(r)$

Therefore
t = 72/5 = 14.4 years

Answer: About 14 years.

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