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

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

How do I solve c/4d divided by 3/8d

A six−sided die, with sides numbered 1,2, 3,4,5, and 6, is tossed. What is the probability of tossing a number less than three?

How did the formation of alliances affect the outbreak of war?

a couple wants to install a square mirror that has an area of 500 square inches.to the nearest tenth of an inch,what length of wood trim is needed to go aroun

Which of the following did NOT grow or increase as a result of early farming? villages trade life spans cities

What is the series equivalent of two 1000 W resistors in series?

what are some fun facts on animal and plant cells.

2h/3-1/4=1/3 solve and show your steps

Is 0.127 a rational number

What is the value of 1-18+25 if you subtract then add? If you add then subtract?Why is order of operations necessary?