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With an annual inflation rate of 1.76%, how much did an item that now costs $2700 cost 5 years
prior? An item that currently costs $2700 would have cost $5 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 1.76, how much did an item that now.pdf

  • 1. With an annual inflation rate of 1.76%, how much did an item that now costs $2700 cost 5 years prior? An item that currently costs $2700 would have cost $5 years ago. (Do not round until the final answer. Then round to the nearest cent as needed.)