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

what is 9/10 take away 4/10

What was the average person's annual salary in 1915?

how do u put a fraction to make a decimal

Subtract and simplify: (y^2-7y-5) - (-3y^2+3y-4)

The height of a student is 172 centimeters. How tall is the student in meters?

Classification of products by degree of __________ divides them into three categories. They are nondurable goods, durable goods, and services. consumption tang

A society in which the leadership, such as a dictator, answers all economic questions, is an example of which type of economic system? a. mixed b. market c.

differentiation switches certain genes on and off to create specialized cells. true false

One reason poor decisions are often made is because of impulsiveness. Please select the best answer from the choices provided. T

why did the United States move into Western lands