Given the inflation model C(t) = Co(1 + r)' and given that a boat that currently sells for $290,160 sold for $120,900 5 years ago, what has the average annual rate of inflation been for the past 5 years? Round to two decimal places. Answer

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Given the inflation model C(t) = Co(1 + r)' and given that a car that currently sells for $24,750 sold for $16,500 3 years ago, what has the average annual rate of inflation been for the past 3 years? Round to two decimal places. Answer How to enter your answer (opens in new window) % Keypad Keyboard Shortcuts

How long will it take an investment of $3,400 at an interest rate of 4% per year compounded continuously to reach $8,000? Round to the nearest tenth of a year. (Hint: Use A= Pe")