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Problem 1-3 Determining the Inflation Rate [LO1-2] In 2013, selected automobiles had an average cost of $15,000. The average cost of those same automobilies is

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Problem 1-3 Determining the Inflation Rate [LO1-2] In 2013, selected automobiles had an average cost of $15,000. The average cost of those same automobilies is now $27.000. What Was the rate of increase for these automobiles between the two time periods? (Enter your answer as a percent rounded to the nearest whole number)

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