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15 August, 16:48

The original price is $2.60. If the price next year were 5% more than this year's price, what would that price be? If the price dropped 5% the year after that, show that the price would not return to $2.60. Explain the apparent paradox.

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  1. 15 August, 20:34
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    The answer is what 2.625
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