The current gasoline price is $4.15, and it is projected to increase n – McqOptions

MCQOPTIONS

1.	The current gasoline price is $4.15, and it is projected to increase next year by 5%, and 8% the following year, and -3% the third year. What is the average in ation rate for the projected gasoline price for the next 3 years?
A.	3.23%
B.	3.33%
C.	5.33%
D.	3.00%
Answer» B. 3.33%

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