The function C ( t ) = C 0 ( 1 + r ) t models the rise in the cost of a product that
The function CtCrt models the rise in the cost of a product that has a cost of C today, subject to an average yearly inflation rate of r for t years. If the average annual rate of inflation over the next years is assumed to be what will the inflationadjusted cost of a $ motorcycle be in years? Round to two decimal places.
