how do I write a new formula?

Question

Based on data from 1980 to 2005, the value of the dollar based on producer prices can be modeled byV(t) = −0.00004785t3 + 0.02314t2 − 0.04774t + 1.137
where t is the number of years since 1980.†

Write the formula for P(t) given P(t) = 100V(t).

P(t) = 



What does the function P represent in this situation?Function P represents the value of $ 2 based on producer prices

Answer 1

P(t) = 100[-0.00004785t³ - 0.02314t² - 0.04774t + 1.137]

 

Then distribute the 100 to all terms in brackets to reduce.

 

 

P(t) represents the dollar value based on 100 producer prices.