### Home > CC4 > Chapter 11 > Lesson 11.1.1 > Problem 11-5

11-5.

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

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

What did it cost 5 years ago?

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

$4.10

Think of this as a geometric sequence.

Going forwards (in time) you multiply.

How would you go backwards (in time)?