If inflation has been running at 4.07% per year and a new car costs $23,700 today, what would it have cost 2 years ago? A car that costs $23,700 today would have cost $ 2 years ago. (Do not round until the final answer. Then round to the nearest cent as needed.)
If inflation has been running at 4.07% per year and a new car costs $23,700 today, what would it have cost 2 years ago? A car that costs $23,700 today would have cost $ 2 years ago. (Do not round until the final answer. Then round to the nearest cent as needed.)
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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