If the rate of inflation is3.7% 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 (1.037^t)
Find the current price of the item and the price 10 years from today
Round your answers to the nearest dollar necessary
Current price:
Price 10 years from today :
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If the rate of inflation is3.7% per year the future price p (t) (in dollars) of a certain item can be modeled by the following exponential ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Explore the area of sectors of circles by following these steps. 1. What is the area of circle Check
Answers (1)
A survey has 6 questions with 4 answer choices. only one is correct. what is the probablity of exactly one oh carla's answers is right
Answers (2)
What is One tenth of 72?
Answers (1)
Tyson multiplies 75 by 1.15. Which number might Tyson be trying to find
Answers (2)
6:719 on partial quotient
Answers (1)
New Questions in Mathematics
Han's score increased by 19 is 65
Answers (1)
Translate the verbal statement into an exspression
Answers (1)
If $1.00 CAD equals 1.13 Australian Dollars, what is the ratio of CAD dollars to Australian Dollars?
Answers (1)
What is 100 minus 6x equals 160 - 10x answer
Answers (1)
A relative frequency table is made from data in a frequency table. What is the value of g in the relative frequency table? Round the answer to the nearest percent. 25% 33% 63% 68%
Answers (1)