If the rate of Inflation Is 2.2% per year, the future pricep(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) = 3000(1.022) 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: $

Q: If the rate of inflation is 2.2% per year, the future price p(2) (in dollars) of a certain itern can…

A: we have been given the exponential model of the future price p(t) of a certain item by the function…

Q: If the starting point is 30, and the growth rate is 15%, choose the exponential function.

A: To find the exponential function with the given data

Q: If the rate of inflation is 2.2% per year, the future pricep(t) (in dollars) of a certain item can…

A:

Q: A deposit of $4,000 is made in a college savings fund that pays 5.0% interest, compounded…

A: We need to find the amount received after 20 years.

Q: The number of soldier at Fort MacArthur who contracted inuenza after t days during a flu epidemic is…

A:

Q: How long will it take for an investment to double in value if it earns 33​% compounded​…

A:

Q: If the rate of inflation is  2.2%  per year, the future price  pt  (in dollars) of a certain item…

A:

Q: (in dollars) of a certain item can be modeled by the following exponential function, where  t  is…

A:

Q: If the rate of inflation is 3.7% per year, the future price p (t) (in dollars) of a certain item can…

A:

Q: If the rate of inflation is 2.2% per year, the future pricep() (in dollars) of a certain item can be…

A: Given: Pt=6001.022t For finding price of the item 5 years from today, we put t=5 in given expression

Q: A bank features a savings account that has an annual percentage rate of r = compounded quarterly.…

A:

Q: The​ half-life of a certain tranquilizer in the bloodstream is 45 hours. How long will it take for…

A:

Q: If the rate of inflation is 2.5% per year, the future price p (t) (in dollars) of a certain item can…

A:

Q: If $8000 is invested in an account for which interest is compounded continuously, find the amount of…

A: Given amount = $8000 time = 12 years interest rate (a) 2% (b) 3% (c) 4.5% (d) 7%

Q: If the rate of inflation is 2.2% per year, the future price p (1 (in dollars) of a certain item can…

A: Definition used-      Exponential function -                P(t)=P(1+r)t                Here P…

Q: Mary invested her $42, 000 bonus in an account earning 7.2% annual interest that is compounded…

A: We know that formula for compound interest is Given:  A=3×Principal balance = $126000 P=$42,000;…

Q: A house was valued at $120,000 in the year 1989. The value appreciated to $155,000 by the year 2005.…

A: Exponential function can be represent as below : in given question  P = $ 120000 A = $ 155000 t =…

Q: If the rate of inflation is  2.6%  per year, the future price  pt  (in dollars) of a certain item…

A:

Q: the rate of inflation is 3.7% per year, the future price p (t) (in dollars) of a certain item can be…

A: We have to find current price and price 10 from today

Q: If the rate of inflation is 2.2%  per year, the future price p(t) (in dollars) of a certain item can…

A: To find the current price we plug t=0

Q: A population of animals is growing exponentially. An ecologist hirst recorded the number of animals…

A:

Q: How long will it take to double your money if it is invested at a fixed interest rate of 5%…

A: Given rate of interest, r = 5%Using A = P1 + r100nWhere P : Princpal          A : Amount          N…

Q: A culture of 200 bacteria growing in a Petri dish doubles in size every 3 hours.  The number of…

A: We have been given 200 bacteria at the initial stage which is P = 200 and it is doubling every 3…

Q: If the rate of inflation is 3.4% per year, the future price p () (in dollars) of a certain item can…

A:

Q: If the rate of inflation is 2.6% per year, the future price p(t)(in dollars) of a certain item can…

A:

Q: If the rate of Inflation is 2.2% per year, the future price p () (in dollars) of a certain item can…

A:

Q: If the rate of inflation is 2.8% per year, the future price p (t) (in dollars) of a certain item can…

A: Here the rate of inflation is 2.8% per year The future price p(t) (in dollars) of a certain item can…

Q: Esp If the rate of inflation is 3.9% per year, the future price p(0 (in dollars) of a certain item…

A: We will find current price and price after 8 years as shown below

Q: If the rate of inflation is 3.9% per year, the future price p (t) (in dollars) of a certain item can…

A:

Q: See attached

A: Find the required values of p(t), by substituting the correct values of t

Q: Garland Mills purchased a certain piece of machinery 4 years ago for $500,000. Its present resale…

A:

Q: If the rate of inflation is 2.5% per year, the future price p (1) (in dolkars) of a certain item can…

A:

Q: A house was valued at $105,000 in the year 1986. The value appreciated to $175,000 by the year 2000.…

A: Given: Principal amount(P)=$105,000 in 1986. Amount(A)=$175,000 in 2000 This problem is related to…

Q: Answer the ff. regarding the application of exponential functions. Alessandra borrowed an amount of…

A:

Q: When an antibiotic is introduced into a culture of 50,000 bacteria, the number of bacteria decreas…

A:

Q: if a person takes a prescribed dose of 5 mg of Valium, the amount of Valium in a persons bloodstream…

A: Here, the given function is: A(t)=5e-0.0144t is the amount of Valium in a persons bloodstream at…

Q: If the rate of inflation is 1.9% per year, the future price p (t) (in dollars) of a certain item can…

A:

Q: You are investing money in an account earning 7.5% annual interest, compounded continuously. How…

A:

Q: If the rate of inflation is 3.7% per year, the future price p (t) (in dollars) of a certain item can…

A: The future price of a certain item can be modeled by the following function pt =25001.037t…

Q: If the rate of inflation is 2.2% per year, the future price p () (in dollars) of a certain item can…

A: pt=6001.022t Put t=5 in pt=6001.022t, we get p5=6001.0225=668.9685≈$669 Put t=10 in pt=6001.022t, we…

Q: A deposit of $4,000 is made in a college savings fund that pays 5.0% interest, compounded…

A: The formula for continuous compounding is, A = Pert  where, P = the initial amount A = the final…

Q: A house was valued at $105,000 in the year 1991. The value appreciated to $165,000 by the year 2007.…

A: We can answer to these questions as below

Q: Rochelle deposits $4,000 in an IRA. What will be the value (in dollars) of her investment in 25…

A: We can make it easier for you

Q: an exponential equation, which conforms to the law of uninhibited growth, can model the population…

A: there are 600 inhabitants initially

Q: A native wolf species has been reintroduced into a national forest. Originally 200 wolves were…

A: To find the solutions

Q: Suppose the population of a small town is 19000 and growing exponentially at 2.9 %. How many years…

A: The population of a small town is 19000 and growing exponentially at 2.9%.

Q: Steve invests $1,800 in an account that earns 3.7% annual interest, compounded continuously. What is…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: The population of deer in a park was 250. For 5 years, the population grew by 3% per year,…

A:

Q: If the rate of inflation is 2.5% per year, the future pricep(t) (in dollars) of a certain item can…

A: P(t) = 3000(1.025)t   Current price = ? Price after 10 years from today = ?

Q: If the rate of inflation is 2.8% per year, the future price p(t) (in dollars) of a certain item can…

A: An exponential  is defined as a function whose value is a constant raised to the power of the…