A barrel of oil has a current cost of $85barrel. If general infation is 2.7%year and oil has a real escalation rate of 6%year, what will a barrel of ol cost in actual dollars five years from now? Ol...

Extracted text: A barrel of oil has a current cost of $85barrel. If general infation is 2.7%year and oil has a real escalation rate of 6%year, what will a barrel of ol cost in actual dollars five years from now? Ol will cost in actual dolars five years from now $ barrel. (Round to the nearest cent)