Question: 2. Problem 2 1. The The cost of solid waste management services in Green Gulch is $4.5 million for year population is increasing by 6%,

2. Problem 2 1. The The cost of solid waste management services in Green Gulch is $4.5 million for year population is increasing by 6%, the nominal cost per tonne is increasing 5% per year, and the inflation rate is predicted to be 4% per year. Estimate the year 3 cost of solid waste management services (a) in actual market dollars, and (b) in inflation-adjusted (real) dollars. In both cases, round your answer to $x.xx million
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