Mathematics, 30.06.2019 22:30, s11632270

The rate of inflation is 3%. the cost of an item in future years can be found by iterating the function c(x)=1.03x. find the cost of a $1500 refrigerator in three years if the rate of inflation remains constant. select one: a. $1645.00 b. $1545.00 c. $1639.09 d. $1539.99

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The rate of inflation is 3%. the cost of an item in future years can be found by iterating the funct...