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Find the cost of each item in 6 years, assuming an inflation rate of 8% (compounded continuously). (Round your answers to the nearest cent.) (a)

Find the cost of each item in 6 years, assuming an inflation rate of 8% (compounded continuously). (Round your answers to the nearest cent.)
(a) cup of coffee, $3.25
$
(b) Sunday paper, $2.75
$
(c) Big Mac, $4.10
$
(d) gallon of gas, $3.95
$
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om/searchFind the cost of each item-in-5 years, assuming an inflation rate of 825.compounded continuously Round your rower The inflation rate is 7% compounded continuously The formula to calculate future value with continuous inflation rate is given below: Future value = Present valuexelut) Here, S is continous inflation rate, t is time period. The present cost for cup of coffee is 3.75. The future cost in 5 years is calculated below: Future value = $3.75 x 10.0%) = $5.32 Personal A le ))) DO 18: TE S 4 % 5 & 7 3 6 00 9 0 I Y V T E R U O S D F G H J C V B N M . H command option

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