Question: (PLEASE SOLVE WITH FORMULA, NOT EXCEL) Today, the cost to purchase and mount a set of four BF-Goodrich tires (size 205/60- SR14) at Costco is

 (PLEASE SOLVE WITH FORMULA, NOT EXCEL) Today, the cost to purchase

(PLEASE SOLVE WITH FORMULA, NOT EXCEL)

Today, the cost to purchase and mount a set of four BF-Goodrich tires (size 205/60- SR14) at Costco is $200 including labor, applicable taxes and roadside hazard warranty. The U.S. Department of Commerce has recorded a constant inflation rate of 2% per year for the past 25 years, while anticipating a 3% inflation rate per year for the next 12 years. 7 years ago and 8 years Calculate the cost of the same offering: later

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