document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1073661>Question 1073661</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If the annual rate of inflation averages 5% over the next 10 years, then the approximate cost C of goods and services during any year in that decade will be given by C(t)=P(1.05)^t where t is the time in years and P is the present cost. If the price of Brett's perfect pizza is 7.99, how much will is cost 9 years from now? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #688447 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><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/cgi-bin/show-face.mpl?user=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=688447\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Brett's perfect pizza is now $7.99. In 9 years, with 5% inflation, in will cost<BR>\n" );
document.write( "7.99 x (1.05)^9=7.99 x 1.551328215978515625;<BR>\n" );
document.write( "=$12.39511244566833984375; or $12.40 in 9 years. &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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