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the average price of gasoline was given as $2.31 in 2005. We computed the average annual rate of increase in the price of gasoline to

the average price of gasoline was given as $2.31 in 2005. We computed the average annual rate of increase in the price of gasoline to be 6.62%. If we assume that the price of gasoline will continue to inflate at this rate, how long will it be before we are paying $5.00 per gallon?

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