document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=976724>Question 976724</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Need help solving this problem. Please include steps on how to solve.<BR>\n" );
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document.write( "Based on data from 1980 to 2005, the value of the dollar based on producer prices can be modeled by \r<BR>\n" );
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document.write( "V(t) = -0.00004785t^3 + 0.02314t^2 - 0.04774t + 1.137<BR>\n" );
document.write( " where t is the number of years since 1980.†\r<BR>\n" );
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document.write( "Write the formula for P(t) given <BR>\n" );
document.write( "P(t) = 10V(t)<BR>\n" );
document.write( "P(t)=<BR>\n" );
document.write( "What does the function P represent in this situation?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #598250 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=598250\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Plug in the given V(t) formula, distribute and multiply.\r<BR>\n" );
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document.write( "P(t) = 10V(t)<BR>\n" );
document.write( "P(t) = 10( V(t) )<BR>\n" );
document.write( "P(t) = 10( -0.00004785t^3 + 0.02314t^2 - 0.04774t + 1.137 )<BR>\n" );
document.write( "P(t) = 10( -0.00004785t^3 ) + 10( 0.02314t^2 ) + 10( - 0.04774t) + 10( 1.137 )<BR>\n" );
document.write( "P(t) = -0.0004785t^3 + 0.2314t^2 - 0.4774t + 11.37 \r<BR>\n" );
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document.write( "The formula P(t) = -0.0004785t^3 + 0.2314t^2 - 0.4774t + 11.37 represents the value of $10 for any given year t (t = 0 means 1980)\r<BR>\n" );
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document.write( "For example, if you plugged in t = 0, you would get P(t) = 11.37 which means $10 is worth $11.37 in 1980. \r<BR>\n" );
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document.write( "Side Note: I'm not too familiar with economics, but I think the idea is $10 in currency will get you $11.37 in sold goods. Don't quote me on that though (so get a second opinion on the interpretation of this function). </SPAN>\n" );
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