document.write( "Question 1198082: The function C(t)=C0(1+r)t models the rise in the cost of a product that has a cost of C0 today, subject to an average yearly inflation rate of r for t years. If the average annual rate of inflation over the next 8 years is assumed to be 1.5%, what will the inflation-adjusted cost of a $356 airline ticket be in 8 years? Round to two decimal places. \n" ); document.write( "

Algebra.Com's Answer #831640 by ikleyn(52788) $\"\"$ $\"About$

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document.write( "It will be\r\n" );
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document.write( "     =  = 401.03 dollars.    ANSWER\r\n" );
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