If the rate of inflation is 3.9% per year, the future price p(t)
(in dollars) of a certain ite...
Mathematics, 24.10.2019 14:43 breannaasmith1122
If the rate of inflation is 3.9% 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)= 400(1.039^t).
find the current price of the item and the price 8 years from today.
round your answers to the nearest dollar as necessary.
Answers: 1
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