A money loses value, then as time passes, a takes more dolars to buy the same lem. Use the table to answer the questions
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A money loses value, then as time passes, a takes more dolars to buy the same lem. Use the table to answer the questions
A money loses value, then as time passes, a takes more dolars to buy the same lem. Use the table to answer the questions. Let t be yoars and y be the value cr $1 in 1 years: (a) Suppose a house costs $110,000 tody, Estimale the cost of the same house in 5 years. (b) Eskmake the cost of a $90 tortbook in 2 years. (a) Suppose a house oots 5110,000 today Ertinate the cott of the same houre in 6 yean. The house will cost about dolirs. (Riound to the neasest dolar as needed) (b) Eit mate the cost of a 590 texsook in 2 years. The tembook wiff cont woul dolan. (Round to the nearst cent an needed.)
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