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:
x = - 1
Step-by-step explanation:
Given
- 4(3x - 7) = 40 ( divide both sides by - 4 )
3x - 7 = - 10 ( add 7 to both sides )
3x = - 3 ( divide both sides by 3 )
x = - 1
Answer:
3/7
Step-by-step explanation:
18/42=9/21=3/7 answer
Answer:
The one time fee of $25 is the ibdependent variable.
Step-by-step explanation:
