Answer:
p(0) = 800
p(8) = 997
Step-by-step explanation:
p(t) = 800 * (1.028)^t
The current price is when t=0
p(0) = 800 * (1.028)^0
= 800(1)
= 800
The price in 8 years
p(8) = 800 * (1.028)^8
=997.7802522414861936754688
To the nearest dollar
= 998
I think the Honda and Dodge have the same ratio. If you do the math, the ratio will come out to (12,1) or 12 for both types of cars.
Answer:
Please see the attached pictures for full solution.