1995 costs. With labor data from a country for selected years from 1995 and projected to 2050, the rate of change of the CPI can be modeled by dC dt = 0.009t2 − 0.096t + 4.85 dollars per year, where t = 0 represents 1990. (a) Find the function that models C(t), if the CPI was 155 in 2010. (Enter exact numerical values. Do not round.)
1995 costs. With labor data from a country for selected years from 1995 and projected to 2050, the rate of change of the CPI can be modeled by dC dt = 0.009t2 − 0.096t + 4.85 dollars per year, where t = 0 represents 1990. (a) Find the function that models C(t), if the CPI was 155 in 2010. (Enter exact numerical values. Do not round.)
Chapter17: Inflation
Section: Chapter Questions
Problem 5SQ
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1995 costs. With labor data from a country for selected years from 1995 and projected to 2050, the rate of change of the CPI can be modeled by
dC |
dt = 0.009t2 − 0.096t + 4.85 |
dollars per year, where
t = 0
represents 1990.
(a) Find the function that models C(t), if the CPI was 155 in 2010. (Enter exact numerical values. Do not round.)
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