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In 2007, Joelle spent $6,000 on her health care. If this amount increased by 5 percent per year, what would be the amount Joelle spent

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In 2007, Joelle spent $6,000 on her health care. If this amount increased by 5 percent per year, what would be the amount Joelle spent in 2017 for the same health care? Hint: Use Exhibit 1A. Exhibit 1-8. Exhibit 1. Exhibit 1:0. (Round the discount factor to 3 decimal places and final answer to 2 decimal places.) 2017 and cost

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