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Write the Word or Phrase That Best Completes Each Statement B(x)B ( x )

Question 457

Multiple Choice

Write the word or phrase that best completes each statement or answers the question.
-An economist predicts that the buying power B(x) B ( x ) of a dollar x years from now will decrease according to the formula B(x) =0.2xB ( x ) = 0.2 ^ { x } . How much will today's dollar be worth in 4 years? Round the answer to the nearest cent.


A) $0.53\$ 0.53
B) $0.80\$ 0.80
C) $0.00\$ 0.00
D) $1.32\$ 1.32

Correct Answer:

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