chelseagoudswaard chelseagoudswaard
  • 03-02-2021
  • Mathematics
contestada

13) Assume the current cost of milk is $2.70.
Given an annual inflation rate of 3% how
much will milk cost in 30 years?

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 04-02-2021

9514 1404 393

Answer:

  $6.55

Step-by-step explanation:

The cost will be multiplied by 1 +3% = 1.03 each year, so after 30 years, the cost will be ...

  $2.70 × 1.03^30 ≈ $6.55

Answer Link

Otras preguntas

23 pls help, it’s so weird I can’t find a pattern... and I am lazy pls and thx
12. THE REPUBLIC OF TEXAS EXISTED FOR APPROXIMATELY A. 5 YEARS B. 10 YEARS C. 15 YEARS D. 50 YEARS
The Cooper family decided to hike to Hillside Lake, Approximately 8 5/8 miles away. After an hour the lake was still 5 1/3 away. How far did the group hike so f
Jill,meg,and beth are sisters.jill is 2 years younger than meg.beth is half as old as meg.use the same variable to write three algebraic expressions based on th
What was the northern strategy to win the civil war?
What is the number in standard form? Drag the answer into the box to match the number. ​ 5.8× 10 −10 ​ ​​0.00000000058​​0.000000000050080.0000508​​0.00000005
can anyone help me with this
PLEASE HELP ASAP!!! CORRECT ANSWERS ONLY PLEASE!!!
Can someone help me please..........
What resulted from the sepoy mutiny