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The price of gasoline is currently $2.96 per gallon. If the price is expected to increase at a rate of 3.12% per year, how much

The price of gasoline is currently $2.96 per gallon. If the price is expected to increase at a rate of 3.12% per year, how much do you expect a gallon of gas to cost in 7 years? Calculate your answer to the nearest penny (e.g., 3.58)

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