If the rate of inflation is 2.5% 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)=600(1.025)^t
Find the current price of the item and the price 9 years from today.
Round your answers to the nearest dollar as necessary.

current price:

price 9 years from today:

answer: both chords and diameters have two endpoints on a circle. diameters must intersect the center of a circle.

1. supplementary angles

2. acd and bcd

step-by-step explanation:

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.