Ask Question
28 February, 04:39

The cost of a certain brand of camera has been increasing at 8% per year. If a camera now costs $150, what is the cost?

+4
Answers (1)
  1. 28 February, 04:53
    0
    X * (1 + 0.08) ^n = 150;

    if n = 1 = > x = 150/1.08 = > x = 138.88 $;

    if n = 2 = > x = 150 / 1.16 = > x = 129.31 $;
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The cost of a certain brand of camera has been increasing at 8% per year. If a camera now costs $150, what is the cost? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers