SOLUTION: A gallon of milk cost $1.99 five years ago, now it costs $2.89. a. Write an exponential function. b. what has been the annual rate of increase in the cost?

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Question 442741: A gallon of milk cost $1.99 five years ago, now it costs $2.89.
a. Write an exponential function.
b. what has been the annual rate of increase in the cost?

Answer by stanbon(75887) About Me  (Show Source):