2) Jose recently saw an ad online for a new version of his tablet. The projected price is $450, and the phone will be out on the
market in about one year. Jose wants to purchase a new phone but is wondering if he should wait a year. With a 2.75% inflation, what amount would he pay to purchase a laptop today that is the same value as the one he saw online? A.) $437.63
B.) $462.38
C.) $455.25
D.) $425.36
