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

Algebra ->  Average -> 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       Log On


   



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) About Me  (Show Source):
You can put this solution on YOUR website!
110(1+0.046)^3 = your answer. Use your calculator to get 125.89