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 y-intercept of this line is 1.
Step-by-step explanation:
We are looking for the y-value when x=0. And that value is 1
Answer: f(g(x)) = x - 2
<u>Step-by-step explanation:</u>
f(x) = x + 2
g(x) = x - 4
f(g(x)) = f(x - 4) = (x - 4) + 2 <em>replaced x with x - 4</em>
= x - 2 <em>simplified</em>
300 is a multiple of 3,5,1, and 50
