Mathematics
Mathematics, 03.07.2019 13:00, kirsten8605

If the rate of inflation is 2.8% per year, the future price p(t) (in dollars) of a certain item can be modeled by the following exponential function, where is the number of years from today. p(t)=1500(1.028)t find the current price of the item and the price 10 years from today. round your answers to the nearest dollar as necessary.

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If the rate of inflation is 2.8% per year, the future price p(t) (in dollars) of a certain item can...

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