If Patty Shoemaker Estimates That Her $100 Weekly Grocery Bill

question 72

Multiple Choice

If Patty Shoemaker estimates that her $100 weekly grocery bill will increase at an annual inflation rate of 4%,what should her weekly grocery bill be in 3 years?

• A) $30.00
• B) $40.00
• C) $112.50
• D) $112.60
• E) $121.60

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Definitions:

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