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Suppose that the future price p 1 of a certain item is given by the...

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Basic Math

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Suppose that the future price p 1 of a certain item is given by the following exponential function In this function p is measured in dollars and is the number of years from today p t 1800 1 019 Find the initial price of the item Does the function represent growth or decay O growth O decay By what percent does the price change each year

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