What will the season tickets sell for in six years

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Reference no: EM131798033

Question: The Portland Stallions professional football team is looking at its future revenue stream from ticket sales. Currently, a season package costs$400 per seat. The season ticket holders have been promised this same rate for the next five years. Six years from now the organization will raise season ticket prices based on the estimated inflation rate of 3?%.

What will the season tickets sell for in six years?

Reference no: EM131798033

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