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What was the average price increase per year

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Problem 1: In 1980 in Canada, the average price for a 4-liter jug of milk was $1.12. Today, in 2020, the average cost of a 4-liter jug of milk is $4.29. What was the average price increase per year of a 4-liter jug of milk in Canada?

Reference no: EM132670258

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