If the rate of inflation is 2.8% per year, the future price p(t) ( in dollars ) of a certain item can be modeled by the following exponential function, where t is the number of years from today. p(t) = 1200(1.028)t

find the current price of the item and the price 9 years from today. Round your answers to the nearest dollar as necessary.
Current price: _$
Price 9 years from today: _$

b. y = 4x - 2

step-by-step explanation:

to find a parallel equation to an equation, make sure both equations have the same slope but different y-intercepts.

y = 4x + 1

4 = slope

1 = y-intercept

y = 4x - 2

4 = slope

-2 = y-intercept

they both have the same slope but different y-intercepts, so, b. is the correct answer.

and to check your work, you can graph both equations. : )

the one below it is a function