Question 62666
Cost of the car = $10,000

Inflation rate = 3.5%

               = 0.035

cost of the car in the next year = 10,000* (1.035)

That is cost of the car 1 year from now = 10000*(1.035)^1

==> cost of the car t years from now = 10000*(1.035)^t

c(t) = 10,000*(1.035)^t


Good Luck!!!