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With an annual inflation rate of 2.91%, how much did an item that now costs $8200 cost 6 years prior? An item that currently costs

With an annual inflation rate of 2.91%, how much did an item that now costs $8200 cost 6 years prior? An item that currently costs $8200 would have cost $6 years ago. (Do not round until the final answer. Then round to the nearest cent as needed.)

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