The Price of a Wendy's Bacon Cheeseburger Is

Multiple Choice

The price of a Wendy's Bacon Cheeseburger is $.99,the same as it was five years ago.Had the price of this sandwich increased at the same 3% annual rate as U.S.consumer prices did over the last five years,what would its price be today?

A) $1.15
B) $1.02
C) $1.12
D) $1.22
E) $ .84