7 the current gasoline price is 350 per gallon and it is projected to
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7. The current gasoline price is $3.50 per gallon, and it is projected to increase next year by 4%, 6% the following year, and 8% the third year. What is
the average inflation rate for the projected gasoline price for the next three years? The average inflation rate is_____%. (Round to two decimal places.)