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Pls help Assume the rate of inflation is 4% per year for the next 2 years. What will be the cost of goods 2 years

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Pls help

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Assume the rate of inflation is 4% per year for the next 2 years. What will be the cost of goods 2 years from now, adjusted for inflation, if the goods cost $320.00 today? In 2 years, the same goods will cost approximately $ (Round to the nearest cent.)

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