McGraw-Hill Education FINANCIAL LITERACY The expression c(1 + r) can be used to estimate the future cost of an item due to inflation, where c represents the current cost of the item, r represents the annual rate of inflation, and t represents the time in years. Write the expression in radical form for the future cost of an item 3 months from now if the annual rate of inflation is 4.7%. c(1 + r)' McGraw-Hill Education Think About It! = = = Why did you set t equal to 1? c(1+0.047) +0.047) = c(1.047) cv1.047 47283139 DOT APERITIRA 172960 A ONE DOLA CRY 20 Famosos 14885798 Credit We MLC the FIVE MO877070490 G7 -Esatar A THE UNITED STATES OF AMERICA JE 71172960 A DOLLARS r = 0.047, t Add. b = = √√/b vb DINT [11 K "ESSA K 65180940 ASERBACO
McGraw-Hill Education FINANCIAL LITERACY The expression c(1 + r) can be used to estimate the future cost of an item due to inflation, where c represents the current cost of the item, r represents the annual rate of inflation, and t represents the time in years. Write the expression in radical form for the future cost of an item 3 months from now if the annual rate of inflation is 4.7%. c(1 + r)' McGraw-Hill Education Think About It! = = = Why did you set t equal to 1? c(1+0.047) +0.047) = c(1.047) cv1.047 47283139 DOT APERITIRA 172960 A ONE DOLA CRY 20 Famosos 14885798 Credit We MLC the FIVE MO877070490 G7 -Esatar A THE UNITED STATES OF AMERICA JE 71172960 A DOLLARS r = 0.047, t Add. b = = √√/b vb DINT [11 K "ESSA K 65180940 ASERBACO
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:McGraw-Hill Education
FINANCIAL LITERACY The expression c(1 + r) can be used to
estimate the future cost of an item due to inflation, where c
represents the current cost of the item, r represents the annual rate
of inflation, and t represents the time in years. Write the expression
in radical form for the future cost of an item 3 months from now if
the annual rate of inflation is 4.7%.
c(1 + r)'
McGraw-Hill Education
Think About It!
=
=
=
Why did you set t equal to 1?
c(1+0.047)
+0.047) =
c(1.047)
cv1.047
47283139
DOT
APERITIRA
172960 A
ONE DOLA
CRY 20 Famosos
14885798
Credit
We
MLC
the
FIVE
MO877070490
G7
-Esatar
A
THE UNITED STATES
OF AMERICA
JE 71172960 A
DOLLARS
r = 0.047, t
Add.
b = = √√/b
vb
DINT
[11
K
"ESSA
K 65180940
ASERBACO
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