Let y = 25,000(0.94)x represent the purchasing power of $25,000 with an inflation rate of 6%, where x stands for the number of years. Use the equation to predict the purchasing power in 6 years, to the nearest dollar.
Answer

$18,348

$17,247

$14,100

$16,523

Question

Let y = 25,000(0.94)x represent the purchasing power of $25,000 with an inflation rate of 6%, where x stands for the number of years. Use the equation to predict the purchasing power in 6 years, to the nearest dollar.
Answer
		
$18,348
		
$17,247
		
$14,100
		
$16,523

anonymous · Answer

@Shadowys

anonymous · Answer

@Shadowys I got 17247

anonymous · Answer

@ramirokool you've been posting the same type of exponential questions over and over, while all you do is replace x=1, x =2, ..

anonymous · Answer

Not my fault teacher been giving me this I got 14,100

anonymous · Answer

@Hero can you help me?

anonymous · Answer

Yup, bascially, just sub x=6 into it. Here's something that might help you do your homework without headaches: http://www.wolframalpha.com/input/?i=25%2C000%280.94%29%5E6