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If the inflation rate averages 3% per year compounded annually for the next 3 years, what will a car that costs $12,600 now cost 3

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If the inflation rate averages 3% per year compounded annually for the next 3 years, what will a car that costs $12,600 now cost 3 years from now? A car that costs $12,600 now will cost $3 years from now. (Do not round until the final answer. Then round to the nearest cent as needed.)

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