Find the cost of each item in 7 years, assuming an annual inflation rate of 3%...
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Find the cost of each item in 7 years, assuming an annual inflation rate of 3% (compounded annually). (Round your answers to the nearest cent.) (a) cup of coffee, $1.94 $ (b) Sunday paper, $1.75 $ (c) Big Mac, $2.00 $ (d) gallon of gas, $3.71 $ Need Help? Read It Watch It Find the cost of each item in 7 years, assuming an annual inflation rate of 3% (compounded annually). (Round your answers to the nearest cent.) (a) cup of coffee, $1.94 $ (b) Sunday paper, $1.75 $ (c) Big Mac, $2.00 $ (d) gallon of gas, $3.71 $ Need Help? Read It Watch It
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