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Find the cost of each item in 7 years, assuming an inflation rate of 8% (compounded continuously). (Round your answers to the nearest cent.) (a)
Find the cost of each item in 7 years, assuming an inflation rate of 8% (compounded continuously). (Round your answers to the nearest cent.)
(a) cup of coffee, $3.75 $ (b) Sunday paper, $2.75 $ (c) Big Mac, $4.10 $ (d) gallon of gas, $3.75 $
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