The cost of an F-150 pick-up truck was $29,350 three years ago. If the cost increased only

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The cost of an F-150 pick-up truck was $29,350 three years ago. If the cost increased only by the inflation rate and the price today is $33,015, the inflation rate was closest to:

a. 3%

b. 4%

c. 5%

d. 6%

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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