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In 1 9 6 0 , the average price for one - carat diamond was around $ 2 , 5 0 0 . Since

In 1960 , the average price for one-carat diamond was around $2,500. Since then, the diamond price has increased to around $30,000 in 2015 . If the price for one-carat diamond continues rising at the same annual rate at which it's been increasing between 1960 and 2015, then the price in 2034 will be?

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