Mathematics, 12.04.2021 02:00 kenzie3497

If the rate of inflation is 2.5% per year, the future price p(t) (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)=2000(1.025)^t

Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.

If the rate of inflation is 2.5% per year, the future price p(t) (in dollars) of a certain item can

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If the rate of inflation is 2.5% per year, the future price p(t) (in dollars) of a certain item can...