Mathematics, 03.02.2021 20:10 Andrewecolt1993
If the rate of inflation is 2.5% per year, the future price p(t) (in dollars) of a certain item can be modeled by the following exponential function,
where is the number of years from today.
p(t)=600(1.025)^t
Find the current price of the item and the price 9 years from today.
Round your answers to the nearest dollar as necessary.
current price:
price 9 years from today:
Answers: 2
Another question on Mathematics
Mathematics, 21.06.2019 23:50
Which function has the domain x> -11? y= x+ 11 +5 y= x-11 +5 y= x+5 - 11 y= x+5 + 11
Answers: 2
Mathematics, 22.06.2019 00:20
Which of the following is equal to the square root of the cube root of 5 ? (1 point) 5 to the power of 1 over 3 5 to the power of 1 over 6 5 to the power of 2 over 3 5 to the power of 3 over 2
Answers: 1
Mathematics, 22.06.2019 01:30
In the figure below, m∠r is 60°, and m∠t is 120°. what is m∠q? a. 60° b. 30° c. 120° d. 54
Answers: 1
Mathematics, 22.06.2019 02:30
Alex buys a home for $276,400. his home is predicted to increase in value 3.5% each year. what is the predicted value of alex’s home in 25 years? a. 621,357 b. 635,191 c. 653,201 d. 673,415
Answers: 1
You know the right answer?
If the rate of inflation is 2.5% per year, the future price p(t) (in dollars) of a certain item can...
Questions
