subject
Mathematics, 12.07.2021 22:40 brae72

If the rate of inflation is 2.6% 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)=600(1.026)t
Find the current price of the item and the price 9 years from today.
Round your answers to the nearest dollar as necessary.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
The radius of the base of a cylinder is 10 centimeters, and its height is 20 centimeters. a cone is used to fill the cylinder with water. the radius of the cone's base is 5 centimeters, and its height is 10 centimeters.
Answers: 1
question
Mathematics, 21.06.2019 17:30
Your client has saved $1,860 for a down payment on a house. a government loan program requires a down payment equal to 3% of the loan amount. what is the largest loan amount that your client could receive with this program
Answers: 3
question
Mathematics, 21.06.2019 19:00
Solve the equation using the zero-product property. -3n(7n - 5) = 0 a. 0, -5/7 b. -1/3, -5/7 c. -1/3, 5/7 d. 0, 5/7
Answers: 2
question
Mathematics, 21.06.2019 22:00
How many ordered pairs of positive integers satisfy xy=32?
Answers: 1
You know the right answer?
If the rate of inflation is 2.6% per year, the future price p(t) (in dollars) of a certain item can...
Questions
question
Physics, 28.01.2020 09:31
question
Mathematics, 28.01.2020 09:31
question
Mathematics, 28.01.2020 09:31
Questions on the website: 13722362