Esp If the rate of inflation is 3.9% per year, the future price p(0 (in dollars) of a certain item can be modeled by the following exponential function, where f is the number of years from today. p (1) = 1500(1.039)' Find the current price of the item and the price 8 years from today. Round your answers to the nearest dollar as necessary. Current price: Price 8 years from today: s
Esp If the rate of inflation is 3.9% per year, the future price p(0 (in dollars) of a certain item can be modeled by the following exponential function, where f is the number of years from today. p (1) = 1500(1.039)' Find the current price of the item and the price 8 years from today. Round your answers to the nearest dollar as necessary. Current price: Price 8 years from today: s
Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section: Chapter Questions
Problem 8CA
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