Solve the problem.
-An economist predicts that the buying power $B(x)$ of a dollar $x$ years from now will decrease according to the formula $\mathrm{B}(\mathrm{x})=0.42^{\mathrm{x}}$. How much will today's dollar be worth in 5 years? Round the answer to the nearest cent.
A)\$ 1.97
B) $\$ 0.65$
C) $\$ 2.10$
D) $\$ 0.01$

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-An economist predicts that the buying power $B(x)$ of a dollar $x$ years from now will decrease according to the formula $\mathrm{B}(\mathrm{x})=0.42^{\mathrm{x}}$. How much will today's dollar be worth in 5 years? Round the answer to the nearest cent.
A)\$ 1.97
B) $\$ 0.65$
C) $\$ 2.10$
D) $\$ 0.01$

Solve the Problem B(x)B(x)B(x) Of a Dollar xxx Years from Now Will Decrease According to the Formula

Solve the Problem $B(x)$ Of a Dollar $x$ Years from Now Will Decrease According to the Formula