### Home > CCA > Chapter 8 > Lesson 8.2.5 > Problem 8-108

8-108.

Over a four month period the price of an ounce of gold steadily increased from

First, ask yourself these questions:

What was the initial cost of an ounce of gold? The new price?

How long did it take for the gold to reach the new price?

If is the monthly multiplier, then

The monthly multiplier is