The price of crude oil, per barrel, in the year 2006 was estimated at $66.02. There was a 9.5% increase in the year
2007 and a 38.83% increase in the year 2008. Determine the approximate value for a barrel of crude oil in the year
2008. Round your answer to the nearest cent.
a. $128.74
c. $179.27
b. $91.66
d. $100.36
