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To: Always Right
It takes a 23% decrease in prices to offset the nrst, not 30.

100 reduced by 30% is 70.
70 increased by 30% is 91.

100 reduced by 23% is 77.
77 increase by 30% is 100.

Be honest please.

198 posted on 06/10/2005 1:11:04 PM PDT by Principled
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To: Principled
Be honest please.

I wasn't be dishonest, but you are right, a 23% reduction would do it, so I stand corrected. But still I only see 8% of hard savings and a potential for 2-4% more. That means:

100 reduced by 10% is 90
90 increased by 30% is 117

So maybe a 17% increase in prices is where we will be at, which isn't that far out of the about 20% I said.

222 posted on 06/10/2005 1:26:57 PM PDT by Always Right
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