The impact of inflation on a $60,000 pension can be measured by the purchasing power P of
Question:
P = 60,000e-0.0488t
At what rate is purchasing power changing when t = 10?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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