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Today, your dream car costs $60,000. You feel that the price of the car will increase at an annual rate 2 percent. If you plan

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Today, your dream car costs $60,000. You feel that the price of the car will increase at an annual rate 2 percent. If you plan to wait 4 years to buy the car, how much will it cost at that time? Multiple Choice $66,244.85 $66,228.77 $64,945.93 $63,672.48 $65,449.61

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