Question

Iduring the worst periods of hyperinflation in a certain country, the price of food increase at a rate of 10% per month. State whether this increase was linear or X potential. If your food bill was 150 in one month during this period, what was it three months later

Homework: Chapter 8 Homework Score: 0 of 1 pt 2 of 15 11 complete HW Score: 6.67%, 1 of 15 pt 8.A.11 Question Help During the worst periods of hyperinflation in a certain country, the price of food increased at a rate of 10% per month State whether this increase was inear or exponential. If your food bil was $150 in one month during this period, what was in three months later? Was the growth in infation linear or exponential? linear exponential What was the monthly food bill after three months? (Round to the nearest dollar as needed)

Answer 1

Soluron:-The foad bill increajed by1O, n each Ithree non t The incrase in ItHohitly food aft ohe Honth Loy. KISO KIS =15 too Add to find that Montdy food bill afte tonth= 150 fIS 165 One The inereae in the Honltty food hill fro fint Honth fo t Second Honlh=1oy. x 165 16 16.5 A dd to Hind tta Honlytood bill aft tao 165t 65-41st-S r focd bill from The increaye in It ron Second Hon tto Thard Honth toy. x 1815 Monlhty food iu That Its ALL to find after 3 Hon t 81.5418IS Romd lh neare dellan MoW ronidy food Li aff three monlty-20 The