Answered: The function I (t) = - 0.2t3 + 3t2 +100…

The function I (t) = - 0.2t3 + 3t2 +100 for 0 ≤ t ≤ 9 gives the CPI of an economy, where t = 0 corresponds to the beginning of 2014. Calculate the inflation rate at the end of 2024.

Trigonometry (MindTap Course List)

10th Edition

ISBN:9781337278461

Author:Ron Larson

Publisher:Ron Larson

Chapter6: Topics In Analytic Geometry

Section: Chapter Questions

Problem 33CT

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Question

The function I (t) = - 0.2t³ + 3t² +100 for 0 ≤ t ≤ 9 gives the CPI of an economy, where t = 0 corresponds to the beginning of 2014. Calculate the inflation rate at the end of 2024.

Expert Solution