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QUESTION 2Pedro paid $1,080 for a two-year Planet Fitness membership in 2004. He recurrent renewals...

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Accounting

QUESTION 2Pedro paid $1,080 for a two-year Planet Fitness membership in 2004. He recurrent renewals were $1,160 in 2006, $600.00 in 2008, and $1,260 in 2010. Compute the percentage change in price between 2004 and 2010(HINT: use a simple rate of inflation formula).A.8.6%B.16.66%C.7.87%D.5.4%0.5 points

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