The price for a gallon of whole milk has increased from 2006 to 2008. from 2006 to 2007, the cost of whole milk increased by approximately 56%. from 2007 to 2008, the cost of milk whole milk increased by approximately 42%. if, on average, the cost for a gallon of whole milk nationwide was $1.99 at the beginning of 2006, determine the cost for a gallon of whole milk by the end of the year 2008. round your answer to the nearest cent.
From 2006 to 2007, the cost of whole milk increased by approximately 56%. From 2007 to 2008, the cost of milk whole milk increased by approximately 42%. If, on average, the cost for a gallon of whole milk nationwide was $1.99 at the beginning of 2006.
So at the end of 2007 = 1.99 x 1.56 =$3.1
at the end of 2008 = 3.1 x 1.42 = $4.4