In 1969, Malcolm bought a Pontiac Firebird for $2,500. If the price index was 36.7 in 1969 and the price index was 180 in 2009, then what is the price of the Firebird in 2009 dollars?
A) $509.72
B) $6,866.49
C) $9,761.58
D) $12,261.58
Correct Answer:
Verified
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