Question: Question 5 4 Points Provide an appropriate response. Inflation is causing prices to rise at a rate of 8% per year. Use the approximate double

Question 5 4 Points Provide an appropriate response. Inflation is causing prices to rise at a rate of 8% per year. Use the approximate double time formula to determine what the price will be in 9 years If the item costs $100 today. $408.00 $229.24 $204.00 $108.24

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