ElenaHagan ElenaHagan

13-05-2020
Mathematics

contestada

A new pair of sneakers costs $70 now. What is the cost of the shoes 5 years from now if the price increases 8% per year?

A. $95
B. $88`
C. $109
D. $103

Respuesta :

surjithayer10 surjithayer10

13-05-2020

Answer:

D

Step-by-step explanation:

new price=70(1.08)^5

\approx 102.85

\approx $103

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