SOLUTION: ten years ago, a printing company charged $15 to produce 100 ten page brochures. Every year, the cost increases by 2%. Write an exponential functions to model the increase and use

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: ten years ago, a printing company charged $15 to produce 100 ten page brochures. Every year, the cost increases by 2%. Write an exponential functions to model the increase and use       Log On


   



Question 1023898: ten years ago, a printing company charged $15 to produce 100 ten page brochures. Every year, the cost increases by 2%. Write an exponential functions to model the increase and use it to find the cost
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
C%5Bt%5D+=+C%5B0%5D%2A1.02%5Et
C%5B10%5D+=+15%281.02%29%5E10
C[10] = $18.28