2. the price of a gallon of milk has been rising about 1.36% per year since 2000.
a. if milk costs $4.70 now, what will it cost next year?
b. if milk costs $4.70 now, how long will it take for the price to top $5?

a) $ 4.76392

b) 4 years

Step-by-step explanation:

The rate in increment is 1.36% per year.

a) current price of milk= $4.7

  rise in price after one year = ()(4.7)

   = $ 0.06392

Thus the total price is current price + rise = 4.7 + 0.06392

= $ 4.76392

b) current price = $ 4.7

 let time be "t".

 final price is $5.

thus,

calculating, n turns out to be 4 years.

We know that the price of a gallon of milk rises 1.36% per year.

If know the milk costs $4.70, then after one year, the difference would be

This means that after one year, the gallon of milk cost $0.06392 more, and the final price one year in the future would be

Now, to find the number of years it would take to the milk cost $5, we could repeat the initial process until we get to $5. Or, we could use the compound formula to do it faster.

Where

Then,

Therefore, after around six years, the price would be $5.

he sells x mount because thats eqivilqant to the maz and then divided into quarters

step-by-step explanation: