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Gordon Weber

08/30/2022 · Middle School

During the worst periods of hyperinflation in a certain country, the price of food increased at a rate of \( 10 \% \) per month. State whether this increase was linear or exponential. If your food bill was \( \$ 100 \) in one month during this period, what was it three months later? 

Was the growth in inflation linear or exponential? 

linear 

exponential 

What was the monthly food bill after three months? 

\( \$ \square\) 

(Round to the nearest dollar as needed.) 

Answer
expertExpert-Verified Answer

Best Chandler
Experienced Tutor
4.0 (47votes)

Exponential

 

After 3 months, the bill is = $ 133 

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