Question
If the rate of inflation is 1.9% per year, the future price p (t) (in dollars) of a certanumber of years from today.p(t)=3000 (1.019)Find the
If the rate of inflation is 1.9% per year, the future price p (t) (in dollars) of a certanumber of years from today.p(t)=3000 (1.019)Find the current price of the item and the price 9 years from today.Round your answers to the nearest dollar as necessary.Current price:Price 9 years from today:
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Precalculus Real Mathematics, Real People
Authors: Ron Larson, Gaylord N Smith
6th Edition
1133714749, 9781133714743
