Reid Beck
03/31/2024 · Senior High School
If, on the other hand, the cost of the frozen pizza increased by \( 5 \% \) of the original cost each year for 12 years, how om part (a)? Round all intermediate calculations and the final answer to the nearest cent. The frozen pizza would cost \( \$ \square \) (Choose one)
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To find the final cost of the frozen pizza after a \( 5\% \) annual increase for 12 years, use the formula \( A = P(1 + 0.05)^{12} \), where \( A \) is the final cost and \( P \) is the original cost. Multiply the original cost by approximately \( 1.795856 \).
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