Multiple Choice
Assume the average vehicle selling price in the United States last year was $41,996.The average price 9 years earlier was $29,000.What was the annual increase in the selling price over this time period?
A) 3.89 percent
B) 4.20 percent
C) 4.56 percent
D) 5.01 percent
E) 5.40 percent
Correct Answer:
Verified
Correct Answer:
Verified
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