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If Patty Shoemaker estimates that her $350 weekly grocery bill will increase at an annual inflation rate of 4%, what should her weekly grocery bill

If Patty Shoemaker estimates that her $350 weekly grocery bill will increase at an annual inflation rate of 4%, what should her weekly grocery bill be in 3 years? image text in transcribed

Exhibit 1 -A Future value (Compounded Sum) of $1 after a Given Number of Time Periods 1.061 1.331 1.051 1.611 1.851 2 550 1.629 2.367 2.194 2.332 12 2.012 1.888 3.883 3.342 2.397 4.780 16 2 683 5 895 2.026 2.854 7.261 2.094 2.656 5.427 5.848 10 06 21.720 46.902 13.585 22 802 65.001 184.565 1.641 243 3.262 10.286 14.974 4.384 20.457 12% 15% 17% 19% 1.2F 1 974 2 074 1.762 2011 2.288 3.713 2.313 2 565 2985 3 001 2.658 2.853 3.059 3.278 3.759 2773 3 252 10 604 3.390 5.690 9.313 11.642 14 552 3.479 4.226 4.652 17.922 23 298 30.288 30.374 8 064 7.699 10.699 6.261 22.737 15.40 18.488 22 188 25.623 31.940 39.338 15 10.539 12.33 35.527 66.542 276 10 761 12.375 14.232 16.36 32.919 12 468 19 244 22.901 27.252 44 409 86 504 14.463 16.379 12.056 23.214 146.192 180.05 705.641 2819 00 7523.154 36118 865 70054.923 497929.223 23.106 27.383 21.231 26.462 0 95 188.884 700.233 40.874 05 05 378.721 1670.704 77.388 144 675 1001.658 5088.914 264.690 29 9 93.001 289.002 237 376 1469 772 0100.43B B17 724 40 132.782 267.86 533.369 TEO.3T3 450.736 1083.657 2568 215 3927.357

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