Multiple Choice
You hope to buy your dream car four years from now.Today,that car costs $82,500.You expect the price to increase by an average of 4.8 percent per year over the next four years.How much will your dream car cost by the time you are ready to buy it?
A) $98,340.00
B) $98,666.67
C) $99,517.41
D) $99,818.02
E) $100,023.16
Correct Answer:
Verified
Correct Answer:
Verified
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