The following problem are of the various type discussed. Solve the problem.Refer to Exerci...
The following problem are of the various type discussed. Solve the problem.
Refer to Exercise 1. The cost of a traditional Thanksgiving dinner in 1986, the year this information was first collected, was $28.74. What percent increase is the 2011 cost over the 1986 cost? Round your answer to the nearest tenth of a percent. (Source: American Farm Bureau.)
Exercise 1
The following problem are of the various type discussed. Solve the problem.
The average cost of a traditional Thanksgiving dinner for 10 people, featuring turkey, stuffing, cranberries, pumpkin pie, and trimmings, was $43.47 in 2010. This price increased 13.2% in 2011. What was the price of this traditional Thanksgiving dinner in 2011? Round your answer to the nearest cent. (Source: American Farm Bureau.)
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