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The prices are affected only by inflation

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Reference no: EM131001646

Matrix question

The following table indicates the price of various items on February 26, 2014. 

                                          Ace Hardware        Wal-Mart       Home Depot

Blender                                33.20                     29.99                 31.50

Dining Table                       64.49                      77.00                 83.79

Ceiling Fan                          74.50                      65.29                    0

If the prices are affected only by inflation and the annual rate of inflation is 2.87%, what will the prices be on February 26, 2018?

Reference no: EM131001646

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