If the rate of inflation is 2.6% 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)=600(1.026)t
Find the current price of the item and the price 9 years from today.
Round your answers to the nearest dollar as necessary.

The current price of the item is $600.

The price of the item 9 years from today will be of $756.

Step-by-step explanation:

Price of the item:

The price of the item, in dollars, after t years, is given by:

Current price of the item

This is p(0). So

The current price of the item is $600.

9 years from today.

This is p(9). So

The price of the item 9 years from today will be of $756.

1.677

step-by-step explanation:

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step-by-step explanation:

. your answer will contain x - and y -terms. (1 point) x ( ¿¿ 2 − 7 ) 2 +( y 2 − 9 ) 2 √ ¿ 12. what is the distance from the directrix (the crocodile river) to the point ( x , y )? write this equation. your answer will contain a y -term.