Mathematics, 30.08.2021 03:50 sierram298

If the rate of inflation is 2.5% per year, the future price p() (in dollars) of a certain item can be modeled by the following exponential function, where I Is the number of years from today.
p(t) = 400(1.025)
Find the current price of the item and the price years from today,
Round your answers to the nearest dollar as necessary.

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