Math Problem Statement
Since the beginning of the year, the price of a bottle of soda at a local discount supermarket has been rising at a constant rate of 2 cents per month. By November first, the price had reached $1.56 per bottle. Express the price of the soda as a function of time and determine the price at the beginning of the
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Rate of Change
Formulas
Linear function formula: P(t) = P_0 + rt
Theorems
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Suitable Grade Level
Grades 7-9