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06-02-2024
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The contract cost for constructing a house in September 2006 was $288,412. The index for that month was 202.8 and the current index is 294.3. What is the estimated cost to build the house today?
a. $395,437.39
b. $415,682.29
c. $498,610.73
d. $571,008.06

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