Mathematics, 07.06.2021 19:40 princessroseee769

You are planning on purchasing a new car and have your eye on a specific model. You know that new car prices are projected to increase at a rate of 5% per year for the next few years. Find the cost of the car 3 years from now if the current price is $26,000. Write the equation that represents the projected cost C and provide a solution for the problem.

THE ANSWER IS ---> B. c=26,000(1.05)^3; $30,098.25

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