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(Inflation and project cash flows) If the price of a gallon of regular gasoline is $ 2.39 and the anticipated rate of inflation in energy
(Inflation and project cash flows)If the price of a gallon of regular gasoline is $2.39 and the anticipated rate of inflation in energy prices is such that the cost of gasoline is expected to rise by 6 percent per year, what is the expected price per gallon in 11 years? (Round to two decimal places.)
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