Mathematics, 21.10.2020 06:01, anthonypacheco
The function C(t)=C0(1+r)t models the rise in the cost of a product that has a cost of C0 today, subject to an average yearly inflation rate of r for t years. If the average annual rate of inflation over the next 14 years is assumed to be 2.5%, what will the inflation-adjusted cost of a $151,700 house be in 14 years? Round to two decimal places.
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The function C(t)=C0(1+r)t models the rise in the cost of a product that has a cost of C0 today, sub...
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