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Due to increased mailing costs, the new rate will cost publishers $47 million; this is 13.4% more than they paid the previous year. How much

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Due to increased mailing costs, the new rate will cost publishers $47 million; this is 13.4% more than they paid the previous year. How much did it cost publishers last year? (Enter your answer rounded to the nearest dollar.) Answer is complete but not entirely correct. Costs 41,450,000

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