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If the Jones Family Paid an Average of $75

Question 35

Multiple Choice

If the Jones family paid an average of $75.72 per month for electricity last year and the rate rises 4.0% each year, what will they pay after 5 years? Round your answer to two decimal places. ​


A) $95.42
B) $78.75
C) $407.24
D) $92.12
E) $88.58

Correct Answer:

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