Answer:
$217.07
Step-by-step explanation:
Each year, the cost of the groceries was multiplied by 100% +2.7% = 1.027. Doing this multiplication for 5 years result in a multiplying facor of ...
... 1.027^5
so the cost of the groceries after 5 years is ...
... $190.00 × 1.027^5 ≈ $217.07
