The cost of beef decreases weekly at a rate of 10.2%. If beef cost $15.75 per pound today. How much will it cost in 2 years? ( r
ound to the nearest cent (2 decimal places) )
1 answer:
Answer:
$ 383 854.28 per pound ====> See below !!
Step-by-step explanation:
Increases 10.2 % per WEEK (?? Per WEEK?))
2 years is 104 weeks (this is going to be a HUGE number)
15.75 (1+.102)^104 =
If increase is YEARLY
15.75 ( 1 + .102)^2 = $ 19.13 per pound <<<<after two years
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