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1-.095 = .905

.905^4 = .671

1-.671 = .329 = 32.9%

Of course. This was probably my dumbest question in 2020.

Still a long way to go, you might top it.

Thanks for the clarification in grandparent comment, i wasn't aware.

What is the purpose is using the 0.095 figure?

the economy contracted 9.5% -> 0.095

Was this figure from the previous quarter or the same quarter last year?