Question: Assuming continuous compounding, what will it cost to buy a $10 item in 3 years at the following inflation rates? (a) 3% (b) 4% (c)

Assuming continuous compounding, what will it cost to buy a $10 item in 3 years at the following inflation rates?
(a) 3% 

(b) 4% 

(c) 5%

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