Find the Cost of a Sunday Paper in 8 Years

question 74

Multiple Choice

Find the cost of a Sunday paper in 8 years, assuming that it costs $1.25 today and the annual inflation rate will be 3%.

• A) $1.58
• B) $1.28
• C) $1.29
• D) $1.55
• E) $1.25

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Definitions:

Conception

The process of becoming pregnant involving an egg being fertilized by sperm, or the moment at which a new, unique organism begins to form.

Zygote

The initial cell formed when a sperm cell and an egg cell combine, marking the beginning of human development.

Sperm

Male reproductive cells or gametes involved in sexual reproduction, carrying genetic information to the ova.

Egg

An organic vessel in which an embryo first begins to develop, commonly consumed as food by humans.