Question

The cost to mail a letter today is $0.52 and the rate of inflation each year is 2%. In 40 years, how much will you have to pay?

Answer 1

Answer:

94 cents?

Step-by-step explanation:

2%*40=80%

1.80*0.52=0.936

In 40 years, mail may cost about 94 cents.

(I think this is the correct answer ://)