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Choose the One Alternative That Best Completes the Statement or Answers

Question 172

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-An economist predicts that the buying power B(x) \mathrm { B } ( \mathrm { x } ) of a dollar x\mathrm { x } years from now will decrease according to the formula B(x) =0.09x\mathrm { B } ( \mathrm { x } ) = 0.09 \mathrm { x } . How much will today's dollar be worth in 2 years? Round the answer to the nearest cent.


A) $0.01\$ 0.01
B) $1.06\$ 1.06
C) $0.62\$ 0.62
D) $0.18\$ 0.18

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