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oksano4ka [1.4K]
3 years ago
13

suppose the annual rate of inflation is about 4% this means that the cost of an item increases by about 4%. write and evaluate a

n exponential expression to find the answer to this question.. if a piano costs $3,500 today, what did it cost 4 years ago?
Mathematics
1 answer:
Mashcka [7]3 years ago
4 0
Cost = (3,500) * (1.04)^years
Cost = (3,500) * (1.04)^4
<span><span><span>Cost = (3,500) * 1.16985856 </span> </span> </span>
<span><span>Cost = </span>4,094.50</span>



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The question also says that 7 people like to watch both, and because of that, you should add 7 to both 9 and 12, but keep the new numbers separated from each other. So once we know the sum of 9 +7 is 16, and 12 + 7 is 19, we can subtract the two numbers, and get 3 as the answer. Because you are counting the number of times that you have to travel up or down to the other number, and so if you are on a set of stairs that go up to the 16 level and you are on the 14th level, you need to travel up 2 sets of stairs to get to level 16.

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