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Mathematics, 12.01.2020 16:31 mahaleyrenee1195

If the rate of inflation is 3.7% per year, the future price pt (in dollars) of a certain item can be modeled by the following exponential function, where t is the number of years from today. =pt400( 1.037)t find the current price of the item and the price 8 years from today. round your answers to the nearest dollar as necessary.

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