Assuming that the annual rate of inflation averages 3% over the next 10 years, the approximate costs C of goods or services during any year in that decade will be modeled by C(t) = P(1.03)', where t is the time in years and P is the present cost. The price of an oil change for your car is presently $29.96. Estimate the price 10 years from now. (Round your answer to the nearest cent.) 24

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