How much will the games have actually cost

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QUESTION - According to a study by Oxford University the average costs of a summer Olympic Games over the period 1928-2012 exceeded its initial budget by 180%. The 2016 Rio de Janeiro Olympic Games has a $9.7 billion budget. How much will the games have actually cost if these games exceeded their budget by this average amount? Give your answer in billions of dollars.

Reference no: EM133001385

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