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Inflation and project cash? flows

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(Inflation and project cash? flows)

If the price of a gallon of regular gasoline is ?$2.39 and the anticipated rate of inflation in energy prices is such that the cost of gasoline is expected to rise by 6 percent per? year, what is the expected price per gallon in 11 ?years? ?(Round to two decimal? places.)

Reference no: EM132284794

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