subject
Mathematics, 12.04.2021 02:00 zoebenally4526

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 t is the number of years from today. p(t)=2000(1.025)^t

Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.


If the rate of inflation is 2.5% per year, the future price p(t) (in dollars) of a certain item can

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Cameron indoor stadium at duke university is one of the most revered sites in all of college basketball, as well as in all of sports period. duke’s men’s and women’s basketball programs have attained quite a few wins in the building over the last seventy years. cameron indoor stadium is capable of seating 9,460 people. for each game, the amount of money that the duke blue devils’ athletic program brings in as revenue is a function of the number of people in attendance. if each ticket costs $45.50, find the domain and range of this function.
Answers: 1
question
Mathematics, 21.06.2019 17:40
Afamily of five rents a kayak and splits the total time, k, equally. each family member spent less than 25 minutes kayaking. which values can be used to complete the math sentence below so that it accurately represents the situation? intro done
Answers: 2
question
Mathematics, 21.06.2019 20:00
You are shooting hoops after school and make 152 out of a total of 200. what percent of shots did you make? what percent did you miss? show proportion(s).
Answers: 1
question
Mathematics, 21.06.2019 21:30
Which equation shows the variable terms isolated on one side and the constant terms isolated on the other side for the equation -1/2x+3=4-1/4x? a. -1/4x=1 b. -3/4x=1 c. 7=1/4x d. 7=3/4x
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
question
Computers and Technology, 08.01.2020 21:31
Questions on the website: 13722361