MANAGEMENT

BUISENESS MANAGEMENT

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Petrol 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 petrol in 1990?
A
$2.75 per gallon
B
$1.53 per gallon
C
$2.65 per gallon
D
$1.34 per gallon
Explanation: 
There is 1 question to complete.