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Assume that the rate of inflation is 3 percent and continues indefinitely and that the cost of a car is currently $23,000. How much will
Assume that the rate of inflation is 3 percent and continues indefinitely and that the cost of a car is currently $23,000. How much will that car cost 24 years from today? Round your answer to the nearest dollar.Assume that the rate of inflation is 3 percent and continues indefinitely and that the cost of a car is currently $23,000. How much will that car cost 24 years from today? Round your answer to the nearest dollar.
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