You are bidding on construction project with the transportation ministry in The People's Sovereign Democratic Republic of Fleep. The problem is that Fleep has a very high inflation rate and the currency is losing Annual Loss % against the Canadian dollar each year. You won't get paid for three (3) years. The Fleep government insists that the contract for Value of Contract in Fleep Lira specify that the Fleep Lira is the currency. By what percentage must you increase the price in Fleep Lira to allow for three (3) years of currency decline and ensure that you get the same amount in CAD? (The current exchange rate is 10 Fleep Lira to 1 CAD.)

Fleep Lira versus CAD	1
Value of Contract in Fleep Lira	9,600,000
Fleep Lira Annual Decline in Value	17.68%
Years	3