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If the rate of inflation is 3.4% per year, the future pricep(t) (in dollars) of a certain item can be modeled by the following exponential

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If the rate of inflation is 3.4% per year, the future pricep(t) (in dollars) of a certain item can be modeled by the following exponential function, where { is the number of years from today. p()=3000(1.034)" Find the current price of the item and the price 10 years from today. Round your answers to the nearest dollar as necessary. Current price: S[D Price 10 years from today: s

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