Provide an Appropriate Response

question 73

Multiple Choice

Provide an appropriate response.
-Between 1998 and 2002, the average rate of inflation for a particular country was about 5% per year. If a cart of groceries cost $109 in 1998, what did it cost in 2002?

• A)$139.11
• B)$159.59
• C)$126.18
• D)$132.49