SOLUTION: Between 2005 and 2008, the average rate of inflation was about 4.6% per year. If a cart of groceries cost ​$110 in​ 2005, what did it cost in 2008​? Round to two
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Question 1131157: Between 2005 and 2008, the average rate of inflation was about 4.6% per year. If a cart of groceries cost $110 in 2005, what did it cost in 2008? Round to two places as needed.
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
110(1+0.046)^3 = your answer. Use your calculator to get 125.89
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