If the rate of inflation is 1.9% per year, the future price p (t) (in dollars) of a certa number of years from today. p(t)=3000

Question

If the rate of inflation is 1.9% per year, the future price p (t) (in dollars) of a certa
number of years from today.
p(t)=3000 (1.019)
Find the current price of the item and the price 9 years from today.
Round your answers to the nearest dollar as necessary.
Current price:
Price 9 years from today:

Kunduz · Accepted Answer

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