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Provide an Appropriate Response

Question 73

Multiple Choice

Provide an appropriate response.
-Between 1998 and 2002, the average rate of inflation for a particular country was about 5% per year. If a cart of groceries cost $109 in 1998, what did it cost in 2002?


A) $139.11
B) $159.59
C) $126.18
D) $132.49

Correct Answer:

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