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Question
Suppose that the annual rate of inflation averages 4% over the next 10 years. With this rate of inflation, the approximate cost C of goods or services during any year in that decade will be given by C(t) = P(1.04)t, 0
10 where t is time in years and P is the present cost. If the price of an oil change for your car is presently 
22.95, estimate the price 9 years from now. Round your answer to two decimal places.A)
33.97B)
34.67C)
35.97D)
37.67E)
32.67 Answer
This answer is hidden. It contains 1 characters.
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