In December 2 0 2 0 , a pound of lemons cost $ 1 . 5 0
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Question:
In December a pound of lemons cost $ while a pound of bananas cost $ Four years earlier, the price of lemons was $ a pound and that of bananas was $
What was the annual compound rate of growth in the price of lemons?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places. Negative answers should be indicated with a minus sign.
What was the annual compound rate of growth in the price of bananas?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
If the same rates of growth persist in the future, what will be the price of lemons in
Note: Do not round intermediate calculations. Round your answer to decimal places.
What about the price of bananas?
Note: Do not round intermediate calculations. Round your answer to decimal places.
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