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Mathematics, 18.07.2020 23:01 math6967

2. The price of a gallon of milk has been rising about 1.36% per year since 2000. a. What type of function would be best to model this scenario? Choose one of the types of functions studied in this course. Explain why you chose this answer. b. Write a formula for the function you chose to model this scenario. What does the independent variable in your function represent? c. If milk costs $4.70 now, what will it cost next year? Show how you found the answer. d. If milk costs $4.70 now, how long will it take for the price to top $5? Show how you found the answer.

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