Mathematics, 16.04.2021 03:30 danielahchf
Suppose that the future price p(t) of a certain item is given by the following exponential function. In this function, p(t) is measured in dollars and r is the
number of years from today.
pt) = 2000(1.039)'
QD
Find the initial price of the item.
SU
Does the function represent growth or decay?
O growth O decay
By what percent does the price change each year?
Answers: 3
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