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  3. (a) the annual inflation rate is 3.8% per year. if

(a) The annual inflation rate is 3.8% per year. If a movie ticket costs $12.00...

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(a) The annual inflation rate is 3.8% per year. If a movie ticket costs $12.00 today, find a formula for y, the price of a movie ticket t years from today, assuming that movie tickets keep up with inflation.(b) According to your formula, how much will a movie ticket cost in 25 years?

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