For much of the 20th century,new car prices rose at an average annual rate of 5.89%.Given a beginning new car price of $900,how long did it take for the average new car price to rise to $27,865? Please round to the nearest year.
A)40 years
B)60 years
C)70 years
D)100 years

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The Answer of For much of the 20th century,new car prices rose at an average annual rate of 5.89%.Given a beginning new car price of $900,how long did it take for the average new car price to rise to $27,865? Please round to the nearest year.
A)40 years
B)60 years
C)70 years
D)100 years

For Much of the 20th Century,new Car Prices Rose at an Average