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LARPCALC10CR 3.1.059.
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Assuming that the annual rate of inflation averages 3% over the next 10 years, the approximate costs of goods or services during any year in that decade will be
modeled by a(t) - P(1.03), where t is the time in years and P is the present cost. The price of an oil change for your car is presently $23.97. Estimate the price
10 years from now. (Round your answer to the nearest cent.)
$
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