If the rate of inflation is 2.6% per year, the future price p(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)=1500(1.026)^t Find the current price of the item and the price 8 years from today. Round your answers to the nearest dollar as necessary.   Current price: $ Price 8 years from today: $

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