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In Apnil 2016 a pound of apples cost $1.41, while oranges cost $1.05. Four years earlier the price of apples was only $120 a pound

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In Apnil 2016 a pound of apples cost $1.41, while oranges cost $1.05. Four years earlier the price of apples was only $120 a pound and that of oranges was $.91 a pound a. What was the annual compound rate of growth in the price of apples? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Compound annual growth rad growth rate % per year b. What was the annual compound rate of growth in the price of oranges? (Do not round intermediate colculations. Enter your nswer as a percent rounded to 2 decimal places.) annual growth rate % year c. If the same rates of growth persist in the future, what will be the price of apples in 2030? (Do not round intermediate calculations. Round your enswer to 2 decimal places) d. What about the price of oranges? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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