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Suppose you have A dollars today and wonder how much purchasing power this exact dollars amount will have 7 years from now, which we

Suppose you have A dollars today and wonder how much "purchasing power" this exact dollars amount will have 7 years from now, which we will call purchasing power P. We assume the formula P = A (0.997) How many years from now will 2500 dollars today have a purchasing power of 1650 dollars? Answer accurately to 2 decimal places.

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