If the rate of inflation is 4 1 per year the future price p

Last updated: 2/26/2023

If the rate of inflation is 4 1 per year the future price p t in dollars of a certain item can be modeled by the following exponential function where it is t number of years from today p t 2000 1 041 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 0 Price 9 years from today s