Mathematics, 22.04.2021 18:40 benjaminatkinson1
16. When inflation causes the price of an item to increase, the new cost C and
the original cost c are related by the formula C = c(1 + r)", where r is
the rate of inflation per year as a decimal and n is the number of years.
What would be the price of a $2000 item after six months of 5% inflation?
F $2449.49 G $2680.19 H $22,781.25 J $2049.39
Answers: 3
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16. When inflation causes the price of an item to increase, the new cost C and
the original cost c...
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