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Problem 8: A Toyota Tundra can be purchased today for $32,350. A civil engineering firm is going to need 3 more trucks in 2 years
Problem 8: A Toyota Tundra can be purchased today for $32,350. A civil engineering firm is going to need 3 more trucks in 2 years because of a land development contract it just won. If the price of the truck increases exactly in accordance with an estimated inflation rate of 3.5% per year, determine how much the 3 trucks will cost in 2 years.
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