Mathematics, 13.10.2020 02:01 daniel8orange
If the rate of inflation is 2.6% per year, the future price p () (in dollars) of a certain item can be modeled by the following exponential function, where t is the
number of years from today.
p(t) = 1500(1.026)
Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.
Answers: 3
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If the rate of inflation is 2.6% per year, the future price p () (in dollars) of a certain item can...
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