Question: Evaluating an exponential function that models a real-world... If the rate of inflation is 2.8% per year, the future price p (t) (in dollars) of

Evaluating an exponential function that models a
Evaluating an exponential function that models a real-world... If the rate of inflation is 2.8% per year, the future price p (t) (in dollars) of a certain item can be m number of years from today. p (t) = 1200(1.028) Find the current price of the item and the price 10 years from today. Round your answers to the nearest dollar as necessary. Current price: Price 10 years from today

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