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Mathematics 8 Online
OpenStudy (anonymous):

A new car costs $15,000 to build in 2010. The company’s financial analysts expect costs to rise by 6% per year for the 10 years they are planning to build the car. The cost to build the car can be modeled by the function f (t) = 15,000 (1.06)t , where t is the number of years after 2010. CAN SOMEONE EXPLAIN HOW TO DO THIS?

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