The rate of inflation is 3%. the cost of an item in future years can be found by iterating the function c(x)=1.03x. find the cost of a $1500 refrigerator in three years if the rate of inflation remains constant. select one: a. $1645.00 b. $1545.00 c. $1639.09 d. $1539.99

year 1

cost = 1.03 (1500) = 1545

put 1545 in for x in year 2

year 2

1.03 * 1545 = 1591.35

put in 1591.35 in for x in year 3

year 3

1.03 *1591.35=1639.0905

round to the nearest cent

cost  in three years: $1639.09

Choice C

chase is right because he already been to the swings and he know how far it will be to get there

step-by-step explanation:

it would open into a square depending on the type of envelope i’m not sure about the second part