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According to one simplified model, the purchasing power of a dollar in the year 2000 + t is equal to P ( t ) =

According to one simplified model, the purchasing power of a dollar in the year 2000 + t is equal to P ( t ) = 0.68(1.04) − t (in 1983 dollars). Calculate the predicted rate of decline in purchasing power (in cents per year) in the year 2014.(Round your answer to two decimal places.)

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