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Consider that the inflation rate in the US from 1 9 5 0 until 2 0 2 2 has been equal, in averd 3 .
Consider that the inflation rate in the US from until has been equal, in averd per year. The price of a gallon of gas in was US $ What is the present value of those cents? In other words, if one were to invest cents at compound yearly in how much money would they have today? Is it enough to buy a gallon of gas? Explain.
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