Question

In 2013, price of electricity was 13.5 cents. Over next 3 years, this price increased exponentially at a aye of 8% per year. calculate the price for each unit of electricity after 3 years​

Answer 1

Answer:

In 2013, price of electricity was 13.5 cents. Over next 3 years, this price increased exponentially at a aye of 8% per year. calculate the price for each unit of electricity after 3 years

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Answer 2

Answer:

17 cents

Step-by-step explanation:

the rule :

final amount =  $p(1+r)^{t}$

final amount = $13.5 (1+0.08)^{3}$

write this equation on the calculator and you will find the

final result which is 17 cents . I wish  I helped you, Thank you :)