Mathematics, 02.03.2020 01:50 arod20061
If the rate of inflation is 2.2% 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)=800(1.022)^(t)
Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.
Answers: 1
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If the rate of inflation is 2.2% per year, the future price p (t) (in dollars) of a certain item can...
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