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With an annual inflation rate of 2.98%, how much did an item that now costs $7900 cost 9 years
prior? An item that currently costs $7900 would have cost $9 years ago. (Do not round until the
final answer. Then round to the nearest cent as needed.)

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With an annual inflation rate of 2.98, how much did an item that now.pdf

  • 1. With an annual inflation rate of 2.98%, how much did an item that now costs $7900 cost 9 years prior? An item that currently costs $7900 would have cost $9 years ago. (Do not round until the final answer. Then round to the nearest cent as needed.)