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Assume that in?ation in Canada keeps increasing at the steady rate of 2% per year. You buy $120 worth of groceries today, in 2020. How

Assume that in?ation in Canada keeps increasing at the steady rate of 2% per year. You buy $120 worth of groceries today, in 2020. How much would you have to pay for the same groceries in 2035? Round o? to the nearest cent.

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