The cost of an F-150 pick-up truck was $29,350 three years ago. If the cost increased only
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The cost of an F-150 pick-up truck was $29,350 three years ago. If the cost increased only by the inflation rate and the price today is $33,015, the inflation rate was closest to:
a. 3%
b. 4%
c. 5%
d. 6%
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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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