If the rate of inflation is 2.8% per year, the future price p (t) (in...
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If the rate of inflation is 2.8% per year, the future price p (t) (in dollars) of a certain item can be modeled by the following exponential function, where t is the number of years from today.p(t)=3000 (1.028)Find the price of the item 6 years from today and 10 years from today. Round your answers to the nearest dollar as necessary.Price 6 years from today:Price 10 years from today: $
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