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If inflation has been running at 3.53% per year and a new car costs $34,000 today, what would it have cost 4 years ago? .

If inflation has been running at 3.53% per year and a new car costs $34,000 today, what would it have cost 4 years ago? . . . A car that costs $34,000 today would have cost $ 4 years ago. (Round to the nearest cent as needed.)

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