Mathematics, 14.01.2020 23:31, RealSavage4Life
Inflation rates with an annual rate of inflation of 4% over the next 10 years, the approximate cost c of goods or services during any year in the decade is given by
c(t) = p(1.04)t, 0 ≤ t -≤ 10
where t is the time (in years) and p is the present cost. the price of an oil change for a car is presently $24.95.estimate the price 10 years from now.
Answers: 2
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