What compounded annual increase in cost is this

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Reference no: EM13160269

The cost of 1,000 cubic feet of natural gas has incresaed from $6 in 2000 to $15 in 2006. what compounded annual increase in cost is this? howdoes the increase in the cost of natural gas compare to a 3% annual rate of inflation during the same period of time?

Reference no: EM13160269

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