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3. Grandpa Bill wants to buy an outdoor playground set with a swing and slide for his grandkids. That set costs $550 now. If

3. Grandpa Bill wants to buy an outdoor playground set with a swing and slide for his grandkids. That set costs $550 now. If he waits 2 years to buy it, how much will it cost if the yearly inflation rate for these playground sets is 5%? Summary:

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