Choose the One Alternative That Best Completes the Statement or Answers

question 172

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-An economist predicts that the buying power $\mathrm { B } ( \mathrm { x } )$ of a dollar $\mathrm { x }$ years from now will decrease according to the formula $\mathrm { B } ( \mathrm { x } ) = 0.09 \mathrm { x }$ . How much will today's dollar be worth in 2 years? Round the answer to the nearest cent.

• A) \(\$ 0.01\)
• B) \(\$ 1.06\)
• C) \(\$ 0.62\)
• D) \(\$ 0.18\)