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4 votes
Please help ASAP I don’t know how to do the bottom

Please help ASAP I don’t know how to do the bottom-example-1
User Vmpn
by
3.9k points

2 Answers

6 votes

Answer:

$1492

Step-by-step explanation:

What's given towards the top is the equation for calculating inflation, whereas p(t)=1200(1.022)^10 [10 being the amount of years from the starting date.]

What you're given when you calculate this is "1491.7299319", which we round up to the nearest dollar to 1492.

User Meetjaydeep
by
4.1k points
0 votes

Answer:

12,000

Step-by-step explanation:

because it explains that 10 years from today which means u multiply 1200 by 10 and u get 12,000. Check with me to see if im right!

User Klhr
by
3.6k points