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

-4 , 5/8 , 3 and -2.9 order the following greatest to least

Lorenzo is making a prediction. "I learned that nonmetals increase in reactivity when moving from left to right. So I predict that xenon will be more reactive t

Which of the following is an example of ageism?

I need input on this vignette: Saying Bye I remember the last day of school, June 11, 2019 to be precise, and how I had to say bye to my friends. I’ve never bee

15 people received an email and sent it to 3 different friends each, who in turn each sent it to 2 new people. What percent of the total number of people who re

Suive of the collect answer: veintidós - siete = veintinueve catorce quince doce

Read the sentence, and decide whether the underlined portion contains a mistake. To do some yoga is a fantastic way to build body muscle while also relaxing. Yo

the ratio of length to width in a rectangle is 2:1. make a ratio table to show the length of the rectangle when the widths are 2, 3, 4, & 5 units

Surrounding ions with water molecules is known as

Katie went shopping with her friends Erin. Katie bought 3 shirts and 2 pairs of pants for $80. Erin bought 3 shirts and 4 pairs of pants for $116. How much did