Solve the problem.Assume the cost of a gallon of milk is $2.60. With continuous compounding, find the time it would take the cost to be 4 times as much (to the nearest tenth of a year), at an annual inflation rate of 6%.
A. 23.1 years
B. 8.5 years
C. 35.9 years
D. 0.1 year
Answer: A
Mathematics
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?
?
A.
B. ?
C. ?
D. ?
E. ?
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