Mathematics, 13.12.2020 23:50 tahmidtaj150

Between 1998 and 2018, inflation for prices of goods and services has been about 51%. Suppose a salon charged $18 for a basic haircut in 1998 and has been raising prices by a steady percentage each year to keep up with inflation. What is the price of a haircut at the salon in 2008? Explain or show your reasoning.

In 2003, the salon charged $19.95 for a basic haircut. Find the cost of the basic haircut in 2013. Explain your reasoning.

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Between 1998 and 2018, inflation for prices of goods and services has been about 51%. Suppose a salo...

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