Find the present value of the income c (in dollars) over t1 years at the given annual inflation rate r. (Round your answer to two decimal places.) c = 30,000 + 500t, r = 7%, t1 = 5 years

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 20E
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Find the present value of the income c (in dollars) over t1 years at the given annual inflation rate r. (Round your answer to two decimal places.)
c = 30,000 + 500t, r = 7%, t1 = 5 years
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