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The Family Practice Clinic has long-term debt of $567,000 as of December 31, 2009 what is the equivalent value of long-term debt in 2005. Use the following hypothetical consumer price index information below to determine the appropriate value.

Year CPI
2009 283.4
2008 258.4
2007 229.9
2006 202.9
2005 186.1

A. $372,331
B. $392,331
C. $678,000
D. $843,542
E. $863,541

 

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