As a financial advisor, you have other methods to predict the price of gasoline. It depends upon knowing the current inflation rate, the ongoing rise in the general level of prices, for petrol; this is calculated every month by the Department of Labors Bureau of Labor Statistics. Using the formula below, you can predict what the price of gas will be in the coming months. Pn=P0(1+i )n (where n is the number of months in the future you wish to predict the price, Pn is the price after n months, P0 is the current average price, and i is the current inflation rate.) This month (June 2022), the inflation rate for gas is i = 0.0223 and the average cost per liter of gas (P0) is 2.67AED.

c) Gas is an important commodity and already quite expensive. Currently, in order to assure that clients come in under budget, you allow for an expense of up to 3.50 AED per liter. Calculate when you expect this limit to be met. Show your work.

d) You are concerned that your clients will really start to be in trouble when the price of gas reaches 4.50 AED per liter. Calculate when you expect this limit to be met. Show your work.

1. You want your clients to be aware of the future price of the commodity. For that reason you will use other strategies to predict the price. One of your associates convinces you that the following can be used to find when the price of gas will reach a certain value. The function is given by: f(x)= 9+200x-5414 where x is the value in AED per litter. Use this function to predict the time at which the gas will reach 5 AED per litter. Will the price reach 8 AED per litter in the near future? Show your work

can you please explain to me how to solve it not just the answer please