Saturday, September 19, 2009
Jounral Prompt: September 18, 2009
In "Thank You M'am," Mrs. Jones can buy a little cake for 10 cents, and Roger can buy shoes for 10 dollars. Fifty years later, little cakes cost a dollar and shoes cost 100 dollars. By how much have prices increased? If inflation continues at the same rate, how much will a cake cost in 2059? How much will shoes cost?
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