kittycat8307 kittycat8307

18-01-2024
Business

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In 1986, Ken bought a Ford Mustang for $8,000. If the price index was 280 in 2011, then what is the price of the Mustang in 2011 dollars?
A. $8,000
B. $22,400
C. $28,000
D. $11,200

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