The price in dollars of a house during a period of mild inflation is described by...
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The price in dollars of a house during a period of mild inflation is described by the formula P(t) = 80,000e-05t, where t is the number of years after 1990. a. How many dollars per year will the value of the house be increasing in year 2017? b. How many dollars per year will the value of the house be increasing in year 2005? The price in dollars of a house during a period of mild inflation is described by the formula P(t) = 80,000e-05t, where t is the number of years after 1990. a. How many dollars per year will the value of the house be increasing in year 2017? b. How many dollars per year will the value of the house be increasing in year 2005?
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