SOLUTION: Between the years 2000 and 2006, the average cost of auto insurance for a specific person grew 29%, to $853. What was the average cost in 2000? Round to the nearest dollar.

SOLUTION: Between the years 2000 and 2006, the average cost of auto insurance for a specific person grew 29%, to $853. What was the average cost in 2000? Round to the nearest dollar.

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Question 1099498: Between the years 2000 and 2006, the average cost of auto insurance for a specific person grew 29%, to $853. What was the average cost in 2000? Round to the nearest dollar.
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
Let n be the cost of auto insurance in 2000. Then:
1.29n=853
n=853/1.29=$661.24
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