The function I (t) = - 0.2t³ + 3t² +100 for 0 sts 9 gives the CPI of an economy, where t = 0 corresponds to the beginning of 2016. Calcula the inflation rate at the beginning of 2022 (t = 6).

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....
icon
Related questions
Question

Show all working

The function / (t) = - 0.2t³ + 3t2 +100 for 0 sts9 gives the CPI of an economy, where t = 0 corresponds to the beginning of 2016. Calculate
the inflation rate at the beginning of 2022 (t = 6).
Transcribed Image Text:The function / (t) = - 0.2t³ + 3t2 +100 for 0 sts9 gives the CPI of an economy, where t = 0 corresponds to the beginning of 2016. Calculate the inflation rate at the beginning of 2022 (t = 6).
Expert Solution
steps

Step by step

Solved in 2 steps with 3 images

Blurred answer