The price of an item increases due to inflation. Let Give the price of the item as a function of time in years, with t = 0 in 2004. What is the practical interpretation of ?
A) The price in 2004 of an item that is $75 now.
B) The price now of an item that was $75 in 2004.
C) The time at which the price reaches $75.
D) The price of the item after 75 years.

Question

The price of an item increases due to inflation. Let Give the price of the item as a function of time in years, with t = 0 in 2004. What is the practical interpretation of  ?
A) The price in 2004 of an item that is $75 now. 
B) The price now of an item that was $75 in 2004. 
C) The time at which the price reaches $75. 
D) The price of the item after 75 years.

Quizplus · Accepted Answer

The Answer of The price of an item increases due to inflation. Let Give the price of the item as a function of time in years, with t = 0 in 2004. What is the practical interpretation of  ?
A) The price in 2004 of an item that is $75 now. 
B) The price now of an item that was $75 in 2004. 
C) The time at which the price reaches $75. 
D) The price of the item after 75 years.

The Price of an Item Increases Due to Inflation