How many percentage points over the inflation rate was the


Healthcare costs have risen an average of 85% per year over the past 5 years. What is the average annual percentage increase over time? If the inflation rate was 7% per year, how many percentage points over the inflation rate was the annual healthcare cost increase?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How many percentage points over the inflation rate was the
Reference No:- TGS02352075

Expected delivery within 24 Hours