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1). A price of $125 increases 4% each year. Write an exponential function and find the price in 5 years.

User Nick Law
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1 Answer

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Explanation:

Future price = $ 125 (1 +.04)^n for n = 5 .04 = 4% in decimal

= 125 (1.04)^5 = $ 152.08

User Pernille
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