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:
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Step-by-step explanation:
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<span>I'm pretty sure that the following polynomial 23 + 4x3 is a cubic binomial.</span>
Answer:
34,5 ?? I am not good at this but I did 92-23 that's 69 ÷ 2 = 34.5 ?
1. 5-25=3x-4 => -20=3x-4 => -16=3x => x= -16/3
2. 1-2x=3-2x-2 => 1=3-2 => 1=1 => x=R
