MY NOTES ASK YC Suppose that inflation is 2.7% per year. This means that the cost of an item increases by 2.7% each year. Suppose that a jacket cost $300 in the year 2017. Find a formula that gives the cost C in dollars of the jacket after t years. O C = $300 x (2.70)1.03t O C= $300 x (1.03)/t O C = $300 x (1.027) O C= $300 x (1.03)2.7t aCK KOUR TEAC

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Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
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ASK YOL
Suppose that inflation is 2.7% per year. This means that the cost of an item increases by 2.7% each year. Suppose that a jacket cost $300 in the year 2017.
MY NOTES
Find a formula that gives the cost C in dollars of the jacket after t years.
OC= $300 × (2.70)1.03t
O C = $300 x (1.03)1/t
OC = $300 × (1.027)
O C= $300 x (1.03)2.7t
ACV VOID TEAC
857 PM
DETAU s
MV NOTES
P Type here to search
3/1/2021
dele
prt sc
10
12
?
backspace
esc
Q
W
tab
K
pause
%23
Transcribed Image Text:DETAILS ASK YOL Suppose that inflation is 2.7% per year. This means that the cost of an item increases by 2.7% each year. Suppose that a jacket cost $300 in the year 2017. MY NOTES Find a formula that gives the cost C in dollars of the jacket after t years. OC= $300 × (2.70)1.03t O C = $300 x (1.03)1/t OC = $300 × (1.027) O C= $300 x (1.03)2.7t ACV VOID TEAC 857 PM DETAU s MV NOTES P Type here to search 3/1/2021 dele prt sc 10 12 ? backspace esc Q W tab K pause %23
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