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    Finite Mathematics and Applied Calculus
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    Exam 3: The Mathematics of Finance
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    Inflation Has Been Running 3% Per Year
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Inflation Has Been Running 3% Per Year

Question 90

Question 90

Short Answer

Inflation has been running 3% per year. A car now costs $29,000. How much would it have cost 9 years ago Round your answer to the nearest cent.

The car will have cost __________ 9 years ago.

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