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If the transit district decides to set the per-passenger fare at $0.35 for the first year and the per-passenger fare goes up $0.05 each year

If the transit district decides to set the per-passenger fare at $0.35 for the first year and the per-passenger fare goes up $0.05 each year thereafter, the additional government subsidy (per passenger) needed for the district to break even in 20 years is most nearly

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