chelseagoudswaard chelseagoudswaard
  • 03-02-2021
  • Mathematics
contestada

13) Assume the current cost of milk is $2.70.
Given an annual inflation rate of 3% how
much will milk cost in 30 years?

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 04-02-2021

9514 1404 393

Answer:

  $6.55

Step-by-step explanation:

The cost will be multiplied by 1 +3% = 1.03 each year, so after 30 years, the cost will be ...

  $2.70 × 1.03^30 ≈ $6.55

Answer Link

Otras preguntas

What are some interesting facts about Monarch Butterflies?
the three groups of invaders were?
Species is a(an)_________ specific level of classification than domain.
What brought powhatan confederacy to an end?
how can solar power be tested? what meterials will you need?
. Sandra sets the cruise control in her car to 65 miles per hour when she goes on road trips. Which equation can be used to find how many hours, h, it will take
What brought powhatan confederacy to an end?
Major achievements in mathematics and science were made during the gupta dynasty among them was the ?
f(x)=x^2-8x+16 x and y intercepts and vertex
10 times 10 times 10 exponent form: word form: