3 years ago

Please help will give branlist

Mathematics

1 answer:

Dmitry [639]3 years ago

4 0

Answer:

Current price = $2500

price 10 years after today = $3665.18

Step-by-step explanation:

$p(t) = 2500(1.039)^t$

For the current price, t = 0

$p(0) = 2500(1.039)^0\\\\p(0) = 2500\times 1\\\\p(0) = $2500\\$

For price 10 years after today, t = 10

$p(10) = 2500(1.039)^{10}\\\\p(10) = 2500\times 1.46607259475\\\\p(10) = $3665.18148689\\\\p(10) = $3665.18\\$

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