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Mr. Dubey • 100.69K Points
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Q. 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 inflation rate for the projected gasoline price for the next 3 years?

  • (A) 3.23%
  • (B) 3.33%
  • (C) 5.33%
  • (D) 3.00%
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