An economist predicts that the buying power B(x) of a dollar x years from now will be given by the formula B(x)=0.66x. How much will today's dollar be worth in 4 years? Round to the nearest cent. A. $2.64 B. $0.19 C. $2.50 D. $0.85
An economist predicts that the buying power B(x) of a dollar x years from now will be given by the formula B(x)=0.66x. How much will today's dollar be worth in 4 years? Round to the nearest cent. A. $2.64 B. $0.19 C. $2.50 D. $0.85
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 6SC
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An economist predicts that the buying power B(x) of a dollar x years from now will be given by the formula
B(x)=0.66x.
How much will today's dollar be worth in
4
years? Round to the nearest cent.$2.64
$0.19
$2.50
$0.85
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