Question: Chen is 30 years old and spends $75 per week on groceries. If inflation averages 3% per year, how much will Chen spend on the
Chen is 30 years old and spends $75 per week on groceries. If inflation averages 3% per year, how much will Chen spend on the same groceries when he is 65? Select one.
Question 4 options:
| a. $77 | |
| b. $103 | |
| c. $211 | |
| d. $245 |
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