### Home > CCA > Chapter 10 > Lesson 10.1.1 > Problem10-19

10-19.

The cost of a loaf of bread is now $\2.79$ and has been increasing $8\%$ per year for several years. Homework Help ✎

1. At the same rate, what will it cost in $5$ years?

• What is the multiplier? Use the multiplier to calculate your answer.

• $\4.10$

2. What did it cost $5$ years ago?

• Think of this as a geometric sequence.
Going forwards (in time) you multiply.
How would you go backwards (in time)?