nunezla1 nunezla1
  • 02-08-2017
  • Mathematics
contestada

Between 2005 and 2008, the average rate of inflation was about3.4 per year. If a cart of groceries cost $140 in 2005, what did it cost in 2008

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 02-08-2017
The formula is
A=p (1+r)^t
A future value?
P current value 140
R rate of inflation 0.034
T time 2008-2005=3 years
A=140×(1+0.034)^(3)
A=154.77 round your answer to get
A=155
Answer Link

Otras preguntas

For situations where you would like to lead more democratically, which style of management makes the most senseImmersive Reader Tactical Stratefic Mixed
Two motorcycles A and B are of equal mass and travel up a hill at constant speed. Motorcycle Amoves at twice the constant speed of B. Compared to the power deve
Write two facts that you learned about continuity .
Which structures are found only in plant cells, not in animal cells?
What were the names of the two ships that were to set tail for American?what happened to them
108 +621 is the same as a 100 + ? please give answer
Would this be correct? If not, what would be?
Try These questions out and I’ll give you brainliest
The Texas population had been greatly reduced by the struggle for Mexican independence. True or false :)
(d 2 +6d+9)+(d 3 +6d+9)