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27 March, 04:21

On January 1, 1999, the price of gasoline was $1.39 per gallon. If the price of gasoline increased by 0.5% per month, what was the cost of one gallon of gasoline, to the nearest cent, on January 1 one year later? What was the cost three years later?

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  1. 27 March, 07:13
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    1 Year Later: $140

    I'm pretty sure this is the right answer.
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