Answer:
The answer is $3.39
Step-by-step explanation:
the question states an increase in price. this means that we need to multiply the current prince ($2.67) by 127%.
drop the percent and put 127 over 100
[tex]\frac{127}{100}[/tex]
multiply
[tex]\frac{127}{100} *\frac{2.67}{1}\\\\ \frac{339.09}{100} \\\\3.39[/tex]
we are dealing with currency so rounding to the hundredths place will suffice.
hope this helps :)