document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=394083>Question 394083</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If a person makes $30,000 in 2004 and the inflation rate 4% annually, how much is this salary worth in the year 2008(in terms of 2004 dollars)? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #279607 by </B><A HREF=/tutors/aboutme.mpl?userid=pie90010><B>pie90010(44)</B></A><img src=\"/images/stars/stars-07.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=pie90010><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=279607\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> make an equation and plug it in friend :D\r<BR>\n" );
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document.write( "30,000(1.04)^x\r<BR>\n" );
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document.write( "in this equation, x is the number of years, so in your problem , plug in 4<BR>\n" );
document.write( "because 4 years passed between 2008 and 2004 <BR>\n" );
document.write( "30,000(1.04)^4 = $35,095.76 </SPAN>\n" );
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