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Each August, a restaurant's rent is adjusted to the cost of living index. The rent has been 1,550 a month, and the cost of living index for this August was 3.7%. What is the new rent per month?

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1. Each August, a restaurant's rent is adjusted to the cost of living index. The rent has been 1,550 a month, and the cost of living index for this August was 3.7%. What is the new rent per month?





 
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