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Your answer: Question 16 (CHAPTER 5) Assuming 6.7174% annual increase in textbook prices, a textbook that you can buy today (year 2019) for $174 must

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Your answer: Question 16 (CHAPTER 5) Assuming 6.7174% annual increase in textbook prices, a textbook that you can buy today (year 2019) for $174 must have cost only $ _ _in 1978! (Do NOT use "$" in your answer. Round your answer to TWO decimal place, for example, 1,000.23)

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