Please help ASAP I don’t know how to do the bottom
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Answer:
12,000
Explanation:
because it explains that 10 years from today which means u multiply 1200 by 10 and u get 12,000. Check with me to see if im right!
Answer:
$1492
Explanation:
What's given towards the top is the equation for calculating inflation, whereas p(t)=1200(1.022)^10 [10 being the amount of years from the starting date.]
What you're given when you calculate this is "1491.7299319", which we round up to the nearest dollar to 1492.