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16 April, 17:04

A new pair of sneakers costs $70 now. What is the cost of the shoes 5 years from now if the price increases 8% per year?

A. $95

B. $88'

C. $109

D. $103

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Answers (1)
  1. 16 April, 17:13
    0
    D

    Step-by-step explanation:

    new price=70 (1.08) ^5

    /approx 102.85

    /approx $103
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