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18 May, 06:48

The cost to mail a letter today is $0.52 and the rate of inflation each year is 2%. In 40 years, how much will you have to pay?

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  1. 18 May, 09:10
    0
    94 cents?

    Step-by-step explanation:

    2%*40=80%

    1.80*0.52=0.936

    In 40 years, mail may cost about 94 cents.

    (I think this is the correct answer : //)
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