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A car rental firm is currently renting 8,000 cars per year. How many cars will the firm be renting in 10 years if the demand

A car rental firm is currently renting 8,000 cars per year. How many cars will the firm be renting in 10 years if the demand for car rentals is expected to increase by 7% per year?

a. $16,044.88
b. $13,600.00
c. $16,077.29
d. $15,737.21
e. $16,012.78

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