Business, 05.08.2020 18:01 giusto1894
If the rate of inflation is 2.2% per year, the future price pt (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)=1200(1.039^t)
Find the current price of the item and the price 9 years from today.
Answers: 2
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If the rate of inflation is 2.2% per year, the future price pt (in dollars) of a certain item can be...
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