SOLUTION: The cost of a certain brand of camera has been increasing at 8% per year. If a camera now costs $150, find the cost in two 2 years and 6 months from now.
I can do the computatio
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I can do the computatio
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Question 813859: The cost of a certain brand of camera has been increasing at 8% per year. If a camera now costs $150, find the cost in two 2 years and 6 months from now.
I can do the computations; I just can't figure out a formula. Answer by josgarithmetic(39629) (Show Source):
You can put this solution on YOUR website! "increasing at 8% per year", exponential growth.
You really mean price or not? , x=years of price growth.
2 years and 6 months may be 2.5 years. and you might use a scientific calculator.
P=181.82
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