Answer:
$23271.49
Step-by-step explanation:
The function models the rise in the cost of a product that has a cost of C today, subject to an average yearly inflation rate of r for t years.
Now, if the average annual rate of inflation over the next 8 years is assumed to be 2.5% then we have to find the inflation-adjusted cost of a $19100 motorcycle after 8 years.
Therefore, the cost will be dollars. (Answer)
That's not a linear system, but you have an awesome school system for giving you this problem.
Multiply by 6xy to clear the fractions.
That's a second degree equation, also known as a conic. That one happens to be a hyperbola.
Let's clear the fractions from the second equation, multiplying out common denominator xy:
We are being asked to find the meet of two hyperbolas, so we expect two answers, a quadratic equation.
Substituting,
We have to rule out x=0 because it's in the denominator.
Answer: (44/19, 33/20)