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Each year, inflation causes our money's value to decrease by about 3%. If you put $1,000 in a safe in 2022, how much will it actually be worth in 2030? Show how you got the…

Each year, inflation causes our money's value to decrease by about 3%. If you put $1,000 in a safe in 2022, how much will it actually be worth in 2030? Show how you got the…
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Each year, inflation causes our money's value to decrease by about 3%. If you put $1,000 in a safe in 2022, how much will it actually be worth in 2030?

Show how you got the answer

User Eriktm
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1 Answer

13 votes
970 is the answer- i couldnt find how to get it ;(
User Dparpyani
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User Itj
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one of the functions of money is as a store value. how does inflation affect moneys ability to store value?
Itj asked Oct 3, 2017
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