2164505 2164505
  • 13-02-2024
  • Mathematics
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Between 1998 and 2018, inflation for prices of goods and services has been about 51%. Suppose a salon charged $18 for a basic haircut in 1998 and has been raising prices by a steady percentage each year to keep up with inflation.

What is the price of a haircut at the salon in 2008? Round to the nearest cent.

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