Find the Cost of a CD in 12 Years, Assuming

question 37

Short Answer

Find the cost of a CD in 12 years, assuming an inflation rate of 4.5%, if its present cost is $12.95.
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Please round the answer to the nearest cent.
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$__________

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Definitions:

Biological Sex

The classification of human beings, typically as male or female, based on genetic, anatomical, and hormonal differences.

Socially Expected Behaviors

Pertains to the actions or reactions that are anticipated and considered acceptable within a particular society or group.

Internalized Ideals

The process by which an individual adopts the standards and values of a group or society as their own personal norms.

Unconscious Incestuous Feelings

Deep-seated sexual feelings within the unconscious mind towards a family member, as proposed in psychoanalytic theory.