document.write( "Question 709804: The average 5oz cup costs $5.79 in 2012. Inflation since 2005 has been 5%, what was the averae cost a 5oz cup in 2001? \n" ); document.write( "
Algebra.Com's Answer #436782 by stanbon(75887)\"\" \"About 
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The average 5oz cup costs $5.79 in 2012. Inflation since 2005 has been 5%, what was the averae cost a 5oz cup in 2001?
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\n" ); document.write( "Let average cost in 2001 be \"x\";
\n" ); document.write( "Equation:
\n" ); document.write( "(1.05)^11*x = 5.79
\n" ); document.write( "x = 5.79/(1.05)^11
\n" ); document.write( "x = $3.39
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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