An economist predicts that the buying power B(x) of a dollar x years from now will be given by the formula B(x)=0.66x. How much will today's dollar be worth in 4 years? Round to the nearest cent. A. $2.64 B. $0.19 C. $2.50 D. $0.85
An economist predicts that the buying power B(x) of a dollar x years from now will be given by the formula B(x)=0.66x. How much will today's dollar be worth in 4 years? Round to the nearest cent. A. $2.64 B. $0.19 C. $2.50 D. $0.85
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 20E
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Question
An economist predicts that the buying power B(x) of a dollar x years from now will be given by the formula
B(x)=0.66x.
How much will today's dollar be worth in
4
years? Round to the nearest cent.$2.64
$0.19
$2.50
$0.85
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