The current price of the item is $2500 and the price 10 years from today is $3665. 2.
Given exponential function
p(t) = 2500 × (1.039)^t
where t is the number of years from today.
Rate of inflation is 3.9% per year
The computation of the current price of the item and the price 10 years from today is shown below:-
p(t) = 2500 × (1.039)^t
Now, the current price can be found by putting t = 0
p(0) is
p(0) =
= 2500
The price 10 years from today can be found by putting t = 10
p(10) is
p(10) =
= 2500 × 1.466
= 3,665.181
Rounding to nearest dollar
= $3665. 2
The current price of the item is $2500 and the price 10 years from today is $3665. 2.
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Answer:
√41
Step-by-step explanation:
Top is the formula, and the bottom would be how to plug in the points.
All you have to do is to multiply 35m and -30n by 0.4, one by one, to produce two terms separated by a " _ " symbol.
Answer:
x > 100
Step-by-step explanation:
Consider x as "Chicago Cubs".
The alligator sign always points/goes to the number (or food) with the highest value (or bigger meal).
Since Chicago Cubs wins is bigger than 100, you can write the inequality as follows:
x > 100