When the uk government privatized the water authorities in


Question: When the UK government privatized the Water Authorities in 1989 it decided that annual percentage price increases for water would be limited to the rate of inflation plus z, where z was a figure to be determined by the government. Write an algebraic expression for the maximum annual percentage price increase for water and evaluate it for an inflation rate of 6% and a z factor of 3.

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Finance Basics: When the uk government privatized the water authorities in
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