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  • 07-12-2022
  • Mathematics
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The formula S=C(1 + r) models inflation, where C = the value today, r = the annual inflation rate (in decimal form),
and S = the inflated value t years from now. If the inflation rate is 4%, how much will a house now worth $148,000 be
worth in 22 years? Round your answer to the nearest dollar.

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