QUESTION $2$

General Motors intends to raise the price of its Chevrolet Impala by only the rate of inflation for the next three years. If the Impala costs $$20,000$ today and the rate of inflation is $2\mathrm{.}9\%-$ what will the impala cost in one year.

$20,000$

$20,276$

$20,580$

$20,789$