Multiple Choice
Gasoline cost $.10 per gallon in 1930.Over the next 60 years,the price rose at an average rate of 4.42% per year.Based on this information,what was the average price of a gallon of gas in 1990?
A) $1.34 per gallon
B) $1.53 per gallon
C) $2.65 per gallon
D) $2.75 per gallon
Correct Answer:
Verified
Correct Answer:
Verified
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