If the rate of inflation is 2.6% per year, the future price
p (t) (in dollars) of a certain item can be modeled by the following exponential function, where t is the number of years from today.
p (t) = 400(1.026)*
Find the current price of the item and the price 10 years from today. Round your answers to the nearest dollar as necessary.
Current price:
Price 10 years from today: