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Mathematics, 08.04.2021 18:30 genyjoannerubiera

Between 2000 and 2020, inflation for prices of goods and services has been about 62%. Suppose a salon charged $21 for a basic haircut in 2000 and has been raising prices by a steady percentage each year to keep up with inflation. 1. What is the price of a haircut at the salon in 2010? Explain or show your reasoning.

2. In 2005, the salon charged $28.20 for a basic haircut. Find the cost of the basic haircut in 2015. Explain your reasoning.

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