The equation for inflation is
A = P*(1+r)^t
which is an exponential growth equation (if r > 0). If r < 0, then we have deflation.
where...
A = final price after t years
P = initial starting price
r = rate of inflation in decimal form
t = number of years
In this case,
A = unknown (we're solving for this)
P = 280 is the starting price
r = 0.05 is the decimal form of 5%
t = 2 years
We will plug these three pieces of info into the formula to get...
A = P*(1+r)^t
A = 280*(1+0.05)^2
A = 280*(1.05)^2
A = 280*(1.1025)
A = 308.70
Answer: 308.70 dollars
Answer:
the first one
Step-by-step explanation:
The y-intercept occurs on a graph when x = 0. Therefore on a graph of y= ab^x when x = 0, y = ab^0 = 1. Therefore the y-intercept is at the point (0,1).
Hope this helps!
10 chickens lay 2 eggs each. But 2 chickens lay 3 eggs each
Answer:
N = 250
Step-by-step explanation:
-17 + 
= 33
+17 +17
= 50
50 x 5 = 250
n = 250
