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    Functions Modeling Change
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    Exam 4: Exponential Functions
  5. Question
    The Price of an Item Increases Due to Inflation
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The Price of an Item Increases Due to Inflation

Question 61

Question 61

Short Answer

The price of an item increases due to inflation. Let The price of an item increases due to inflation. Let    be the price of the item as a function of time in years, with t = 0 in 2004. What is the daily inflation rate? Round to 2 decimal places. be the price of the item as a function of time in years, with t = 0 in 2004. What is the daily inflation rate? Round to 2 decimal places.

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