A Toyota Corolla could be purchased new in 1970 for $1686, while the more current 2019 model

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A Toyota Corolla could be purchased new in 1970 for $1686, while the more current 2019 model had a base price of $16,790. For this 49-year time period:

a. What is the percent increase in the base price?

b. If sales tax in 1970 was 5% and the current GST rate is 13%, what is the percent increase in the after-tax price?

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Business Mathematics In Canada

ISBN: 9781260065992

10th Edition

Authors: F. Ernest Jerome, Tracy Worswick

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Question Posted: Jul 20, 2022 03:12 AM

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A Toyota Corolla could be purchased new in 1970 for $1686, while the more current 2019 model

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Business Mathematics In Canada

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