document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=637113>Question 637113</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The formula S= C(1+r)^t models inflation, where C  the value today, r the annual inflation rate, and S the inflated value  years from now. Use this formula to solve the following exercise.If the inflation rate is 5% , how much will a house now worth $760,000 be worth in 4 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #401436 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley79><B>checkley79(3341)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley79><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=401436\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> S= C(1+r)^t<BR>\n" );
document.write( "S=760000(1+.05)^4<BR>\n" );
document.write( "S=760000(1.05)^4<BR>\n" );
document.write( "S=760000*1.2155<BR>\n" );
document.write( "S=$923,780 ans. </SPAN>\n" );
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