Find the cost of each item in 7 years, assuming an inflation rate of 8% (compounded continuously). (Round your answers to the nearest cent.) (a) cup of coffee, $3.75 $ (b) Sunday paper, $2.75 $ (c) Big Mac, $4.10 $ (d) gallon of gas, $3.25 $

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Q: Find the future values of these ordinary annuities. Compounding occurs once a year. Do not round…

A: Computation:

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A:

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