The price P(t) = 5(2)t/7 of a good is rising due to inflation, where t is time in years

Chapter 5, Problem 51

(choose chapter or problem)

The price P(t) = 5(2)t/7 of a good is rising due to inflation, where t is time in years. (a) What is the doubling time? (b) What is the annual inflation rate?

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