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Let y = 45,000(0.97)x represent the purchasing power of $45,000 with an inflation rate of 3% per year, where x represents the number of years. The table below shows the purchasing power for the first 4 years after the initial one, rounded to the nearest dollar. Which of the years shows an incorrect value? Years later (x) 1 2 3 4 Purchasing Power $ (y) 43,650 42,341 41,052 39,838
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Each year go with each 1 43,650 2 42,341 3 41,052 4 39,838
I'm getting c. 3
I'm writing it down
Yup it 41,052
is it? @zordoloom
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