Mathematics, 08.03.2021 19:50 brooklynvegas514
If the rate of inflation is 4.1% per year, the future price p (t) 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) = 1500(1.041)
Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.
Current price:
Price 10 years from today: $
Answers: 1
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