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The AMC ticket price to watch a movie is now, in 2021 , $13.69. Movie ticket prices are expected to increase by 8% each year

The AMC ticket price to watch a movie is now, in 2021 , $13.69. Movie ticket prices are expected to increase by 8% each year for the next several years. How much should we expect movie ticket prices to cost in 2027 ? Round your answer to the nearest cent

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