question archive Assume the current price of a loaf of bread is $2

Assume the current price of a loaf of bread is $2

Subject:FinancePrice: Bought3

Assume the current price of a loaf of bread is $2.29. If the price of bread is expected to increase at an annual rate of 1.8 percent per year, what will a loaf of bread cost exactly 36 years from today?

$4.35

$4.81

$3.30

$4.73

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