Mathematics, 14.01.2020 20:31 lola06032003
Inflation rate suppose the annual rate of inflation averages 2% over the next 10 years. with this rate of inflation, the approximate cost c of goods or services during any year in the decade will be given by
c(t) = p(1.02)t, 0 ≤ t ≤ 10
where t is time in years and p is the present cost. if the cost of a graphing calculator is presently $80, estimate the cost 10 years from now.
Answers: 3
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Inflation rate suppose the annual rate of inflation averages 2% over the next 10 years. with this ra...
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