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If inflation has been running at 4.86% per year and a new car costs $13,300 today, what would it have cost 4 years ago? A

If inflation has been running at 4.86% per year and a new car costs $13,300 today, what would it have cost 4 years ago?

A car that costs $13,300 today would have cost $___ 4 years ago.

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