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Assume that the current price of a loaf of bread is $2.29. If the price of the bread is expected to increase at an annual
Assume that the current price of a loaf of bread is $2.29. If the price of the bread is expected to increase at an annual rate of 1.8 percent per year, what will a loaf of bread cost exactly 36 years from today?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
