Multiple Choice
If the rate of inflation is per year and the average price of a car is currently $40,000,the average price after n years is
.Compute the average price after 4 years.Round your answer to two decimal places.
A) $30,570.77
B) $51,458.65
C) $170,400.00
D) $47,397.16
E) $149,600.00
Correct Answer:

Verified
Correct Answer:
Verified
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