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Your parents are paying $14,400 per year for Health Care insurance and you are sure by the time you retire that amount is likely to

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Your parents are paying $14,400 per year for Health Care insurance and you are sure by the time you retire that amount is likely to be at least $50,000. What is the implied compound annual growth rate in the cost of Health Care in 45 years? A). 2.87% B). 2.60% C). 2.80% D). 3.00%

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