[Solved] Gasoline cost $.10 per gallon in 1930. Ov

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Gasoline cost $.10 per gallon in 1930. Over the next 60 years, the price rose at an average rate of 4.42% per year. Based on

Gasoline cost $.10 per gallon in 1930. Over the next 60 years, the price rose at an average rate of 4.42% per year. Based

on this information, what was the average price of a gallon of gas in 1990?

A. $2.75 per gallon

B. $1.34 per gallon

C. $1.53 per gallon

D. $2.65 per gallon

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