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Give answer of part b valur and alsp its less or more A pound of sirloin that originally sold for s6.63 undergoes a5% price increase

image text in transcribedGive answer of part b valur and alsp its less or more

A pound of sirloin that originally sold for s6.63 undergoes a5% price increase each year. (a) Find the new cost of the pound of sirloin after 14 years. Round your answer to the nearest cent. The new cost of the pound of sirloin after 14 years is $ Part: 1/2 Part 2 of 2 (b) If, on the other hand, the cost of the pound of sirloin increased by 5% of the original cost each year for 14 years, how would that compare to your answer from part (a)? Round all intermediate calculations and the final answer to the nearest cent

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