Question: 1 points LarApCalc10 4.1.024 MI My Notes Ask Your Teach With an annual rate of inflation of 1.5 % over the next 10 years, the

1 points LarApCalc10 4.1.024 MI My Notes Ask Your Teach With an annual rate of inflation of 1.5 % over the next 10 years, the approximate cost C of goods or services during any year in the decade is given by Ct)-P(1.015), 0sts 10 where t is time (in years) and P is the present cost. The price of an oil change for a car is presently $24.25. Estimate the price 10 years from now. (Round your answer to two decimal places.) $ O-16 points LarApCalc1042030. 4. My Notes O Ask Your Te Complete the table to determine the balance A for P dollars invested at rate r for t years, compounded n times per (Round your answers to two decimal places.) per year P $4500, r-6 % , t - 50 years A $ 1 $ 2 4 $ 12 365 Continuous compounding 46
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