vanstratumkayla vanstratumkayla
  • 29-10-2018
  • Mathematics
contestada

The purchasing power P of a fixed income of $20000 per year (such as a pension) after t years of 7% inflation can be modeled by
P=20000(1.07)^t
Find the purchasing power after 5 years
Fin the purchasing power after 20 years

The purchasing power P of a fixed income of 20000 per year such as a pension after t years of 7 inflation can be modeled by P20000107t Find the purchasing power class=

Respuesta :

bradleyh4132 bradleyh4132
  • 29-10-2018

After 5 years: 107,000

After 20 years: 428,000

Answer Link

Otras preguntas

help(Ethanhunt) please :D
Describe some of the challenges facing third party candidates in the United States. (Site 1)
In 2009 the maximum taxable income for social security was $102,000 and the rate was 6.2%
explain please...............
Leia cuts congruent triangular patches with an area of 45 square centimeters from a rectangle piece of fabric that is 18 centimeters wide and 10 centimeters lon
Priscilla decides to order a delivery from the local sandwich shop. her order comes to $12.74 and there is a $2.30 delivery charge.
What do we know about the surface of Mars?
Help quick. Need fast. Thx
Secondary growth increases the girth of stems and roots. true or false?
How did capitalism bring about the industrial revolution?
ACCESS MORE