Inflation runs at a steady 3% per year, then the amount that a dollar is worth today decreases by 3% each year. Write the function rule that give the value of a dollar x years from today. Oct 22 | Sheila from Hutchinson, KS | 1 Answer | 0 Votes Mark favorite Subscribe Comment
Focus on the remaining part. After x years, 1 dollar becomes f(x) = (1-3%)^x dollars Oct 22 | Robert J. Comment