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Assuming a 3% annual increase in the price of automobiles, how much will a new car cost you 5 years from now, if today's price
Assuming a 3% annual increase in the price of automobiles, how much will a new car cost you 5 years from now, if today's price is $38,000? a) Is it a single sum or an annuity. .b) Write here what you are looking for .c) Fill in the following
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