Extra Credit (15 points) 1. What is the average US inflation rate since 19147 2.

Question

Extra Credit (15 points) 1. What is the average US inflation rate since 19147 2. 3. Name two of the three keys to saving enough for retirement? the market is not as important asin the market. 4. APY is used mostly as a measure for while APR is used mostly for 5. You are in the market for a new car. Name two of the three transactions that the dealership will want to arrange with you. 6. To maintain your lifestyle, you will need to save approximately- -% annually every year during your career 7. Whenever you see the word "FREE," remove the letter 8. Name the four stages of wealth. WEALTH 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 AGE

Explanation / Answer

1) According to the Bureau of Labor Statistics consumer price index, the average inflation rate since 1914 is 3.14% per year.Another interesting fact is, prices in 2018 are 2395.5% higher than price in 1914

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