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It costs Tiger King's family $48,000 for living expenses per annum. If inflation is at 9% annually, in a year, Tiger King's family can expect

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It costs Tiger King's family $48,000 for living expenses per annum. If inflation is at 9% annually, in a year, Tiger King's family can expect to spend approximately Use Exhibit. Ae. (Round time value factors to 3 decimal places and final answer to the nearest dollar amount.)

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