Suppose that the future price p 1 of a certain item is given

Last updated: 6/11/2023

Suppose that the future price p 1 of a certain item is given by the following exponential function In this function p is measured in dollars and is the number of years from today p t 1800 1 019 Find the initial price of the item Does the function represent growth or decay O growth O decay By what percent does the price change each year