If the annual rate of inflation averages over the next
years, the approximate cost
of goods or services during any year in that decade is
where
is the time in years and
is the present cost. The price of an oil change for your car is presently
. Estimate the price
years from now. Round your answer to two decimal places.
A) $26.30
B) $30.67
C) $78.89
D) $25.61
E) $94.31
Correct Answer:
Verified
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