smolinaosorio smolinaosorio
  • 14-12-2020
  • Mathematics
contestada

please help will give branlist

please help will give branlist class=

Respuesta :

Hrishii
Hrishii Hrishii
  • 14-12-2020

Answer:

Current price = $2500

price 10 years after today = $3665.18

Step-by-step explanation:

[tex] p(t) = 2500(1.039)^t[/tex]

For the current price, t = 0

[tex] p(0) = 2500(1.039)^0\\\\

p(0) = 2500\times 1\\\\

p(0) = $2500\\

[/tex]

For price 10 years after today, t = 10

[tex] p(10) = 2500(1.039)^{10}\\\\

p(10) = 2500\times 1.46607259475\\\\

p(10) = $3665.18148689\\\\

p(10) = $3665.18\\

[/tex]

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