Mathematics
Mathematics, 30.03.2021 03:30, camiserjai1832

The average price of a two-bedroom apartment in the uptown area of a prominent American city during the real estate boom from 1994 to 2004 can be approximated by p(t) = 0.12e0.10t million dollars (0 ≤ t ≤ 10) where t is time in years (t = 0 represents 1994). What was the average price of a two-bedroom apartment in this uptown area in 2002, and how fast was the price increasing? (Round your answers to two significant digits.)

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