Mathematics, 17.04.2020 12:09 Mypasswordishotdog11
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 I is the
number of years from today.
p(t) = 400(1.022)
Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.
Answers: 3
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