document.write( "Question 1202756: In 2018, a 2-liter of Coca-Cola cost $1.40. In 2022, the cost is $1.98.
\n" ); document.write( "Write an exponential equation to describe the rate of inflation over this time period. Let t = 0 correspond to 2018, and let C be the cost of a 2-liter. Round any numbers calculated to at least four decimal places.
\n" ); document.write( "C = ?\r
\n" ); document.write( "\n" ); document.write( "If inflation continues at the same rate, how much will a 2-liter of Coke cost in 2033?
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Algebra.Com's Answer #837842 by greenestamps(13215)\"\" \"About 
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\n" ); document.write( "General form: \"C=%28a%29%28b%5Et%29\"

\n" ); document.write( "At t = 0 (in 2018), C was 1.40:

\n" ); document.write( "\"1.40=%28a%29%28b%5E0%29=a%281%29=a\"
\n" ); document.write( "\"a=1.40\"

\n" ); document.write( "In 2022 (t=4), the cost is $1.98:

\n" ); document.write( "\"1.98=%28a%29%28b%5E4%29=1.40%28b%5E4%29\"
\n" ); document.write( "\"b%5E4=1.98%2F1.40\"
\n" ); document.write( "\"b=%281.98%2F1.40%29%5E%281%2F4%29\" = 1.0905 to 4 decimal places

\n" ); document.write( "The (approximate) equation is

\n" ); document.write( "ANSWER: \"C=%281.40%29%281.0905%5Et%29\"

\n" ); document.write( "In 2033 (t=15), the cost will be (approximately)

\n" ); document.write( "\"1.40%281.0905%5E15%29\" = $5.14 to the nearest cent

\n" ); document.write( "ANSWER: $5.14

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