SOLUTION: The annual inflation rate is 3.8% per year. If a movie ticket costs $9.50 today, find a formula for p, the price of a movie ticket t years from today, assuming that movie tickets k
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: The annual inflation rate is 3.8% per year. If a movie ticket costs $9.50 today, find a formula for p, the price of a movie ticket t years from today, assuming that movie tickets k
Log On
Question 798643: The annual inflation rate is 3.8% per year. If a movie ticket costs $9.50 today, find a formula for p, the price of a movie ticket t years from today, assuming that movie tickets keep up with inflation. Answer by Finavon(81) (Show Source):