bernalmb3105 bernalmb3105

12-01-2024
Business

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You want to buy your dream car, which has a current price of $50,000 in 5 years. If car prices increase at an annual CPI of 3%, what is the price of the dream car after 5 years?
a. $55,645
b. $56,000
c. $57,000
d. $58,500

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