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How do you solve this? You have $675 today which is enough to buy 375 bottles of Diet Pepsi. If the price of Diet Pepsi

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You have $675 today which is enough to buy 375 bottles of Diet Pepsi. If the price of Diet Pepsi is expected to increase by4% over the next ear whatapproximate nominal rate would you have to earn to be able to buy 400 bottles of Diet Pepsi next Year? A 10.67% B. 2.67% C. 10.93% D. 2.60%

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