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2 January, 04:55

Assume the rate of inflation is 6%per year for the next 2 years. What will be the price of a dishwasher in 2 years from now if the dishwasher cost $679.00 today?

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  1. 2 January, 05:18
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    P (2) = 679 (1.06^2)

    p (2) = $762.92 (to nearest cent)
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