Stuff used to cost $712 eight years ago. If inflation has been 2.2%, how much does it cost today? a
$730.72
b
$837.31
c
$1026.80
d
$847.40

It is none of these.

I believe I am doing this right. But if you are doing 2.2% inflation per year, then you do 712+125.312. But if it is just one big inflation package, then it is 727.64

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step-by-step explanation:

example 2 – simplify: step 1: completely factor both the numerators and denominators of all fractions. step 2: change the division sign to a multiplication sign and flip (or reciprocate) the fraction after the division sign; essential you need to multiply by the reciprocal. step 3 : cancel or reduce the fractions.