Question

In 2010 an item cost $9.00. The price increases by 1.5% each year. How much will it cost in
2030? Round to the nearest cent

Answer 1

The cost will be an item is 12.12

Given,
In the question:

In 2010 an item cost $9.00. The price increases by 1.5% each year.

To find the how much will it cost in 2030?

Now, According to the question:
Based on the given condition:

Formulate:

An item cost is $9.00

Increased in price by = 1.5%

9 x (1.5%+ 1$)^2^0^3^0^-^2^0^1^0$

Evaluate the equation/expression:

You will get the:

= 12.12....

Round 12.12.... to the required place

12.12

Hence, The cost will be an item is 12.12

Learn more about Cost of an item at:

https://brainly.com/question/13259200

#SPJ1