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10 questions from this quiz
General increase in prices over time
Price increase as a percentage
Current×(1+rate)\text{Current} \times (1 + \text{rate})Current×(1+rate)
Current÷(1+rate)\text{Current} \div (1 + \text{rate})Current÷(1+rate)
R9.70
R611.80
11.1%
Number of years
Forward multiplies, backward divides
0.065
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