Find the cost of each item in 5 years, assuming an inflation rate of (9 %). a.a.
Question:
Find the cost of each item in 5 years, assuming an inflation rate of \(9 \%\).
a.a. cup of coffee, \(\$ 3.75 \)
b. Sunday paper, \(\$ 2.25\)
c. Big Mac, \(\$ 4.10\)
d. gallon of gas, \(\$ 3.95\)
e. HDTV set, \(\$ 1,600\)
f. small car, \(\$ 19,000\)
g. car, \(\$ 28,000\)
h. tuition, \(\$ 26,000\)
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