document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=190774>Question 190774</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I am paying $29 for a service and need to know what that service will cast me in 5 yrs from now in an area that has a 1.5% inflation rate.\r<BR>\n" );
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document.write( "Equation: S = C (1+r/100)^5         S = inflated cost in 5 yrs.<BR>\n" );
document.write( "                                    C = current price of service<BR>\n" );
document.write( "                                    r = Inflation rate percent per year (1.5%) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #143237 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=143237\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I am paying $29 for a service and need to know what that service will cast me in 5 yrs from now in an area that has a 1.5% inflation rate. <BR>\n" );
document.write( "Equation: S = C (1+r/100)^5 S = inflated cost in 5 yrs.<BR>\n" );
document.write( "C = current price of service<BR>\n" );
document.write( "r = Inflation rate percent per year (1.5%)<BR>\n" );
document.write( "-------------------<BR>\n" );
document.write( "S = 29*(1.015)^5<BR>\n" );
document.write( "S = $31.24 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );