7. A certain product that costs P 19500 in 2014 has an equivalent model in 2018 that costs P 22,250. If inflation is considered the cause of the increase, what was the average annual rate of...


7. A certain product that costs P 19500 in 2014 has an equivalent model in 2018 that costs P 22,250.<br>If inflation is considered the cause of the increase, what was the average annual rate of inflation?<br>C. 1.25%<br>A. 3.35%<br>B. 2.25%<br>D. 4.25%<br>

Extracted text: 7. A certain product that costs P 19500 in 2014 has an equivalent model in 2018 that costs P 22,250. If inflation is considered the cause of the increase, what was the average annual rate of inflation? C. 1.25% A. 3.35% B. 2.25% D. 4.25%

Jun 11, 2022
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