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A bushel of turnips in Philadelphia in 1800 was $0.13. Today, a bushel of turnips cost $96.60. (a) Assuming growth was constant per year, what

A bushel of turnips in Philadelphia in 1800 was $0.13. Today, a bushel of turnips cost $96.60.


(a) Assuming growth was constant per year, what was the year-to-year percentage increase in cost over this period?

(b) If the price of turnips continue to increase at this rate, what will be the cost of a bushel in 2050?

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