document.write( "Question 608417: A hamburger cost $1.50 and the price continued to rise at a rate of 7% a year for the next 8 years. What will the price of a hamburger be at the end of 8 years (to the nearest penny) ? \n" ); document.write( "
Algebra.Com's Answer #383180 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A hamburger cost $1.50 and the price continued to rise at a rate of 7% a year for the next 8 years. What will the price of a hamburger be at the end of 8 years (to the nearest penny) ? \n" ); document.write( "------- \n" ); document.write( "1.50(1.07)^8 = 1.5*1.782 = $2.58 \n" ); document.write( "==================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "================ \n" ); document.write( " |