document.write( "Question 934185: If a car costs $10,000 today, and the CPI calculates an inflation rate of 3% this year, how much will the car cost one year from now? \n" ); document.write( "
Algebra.Com's Answer #569124 by ptfile(81)![]() ![]() You can put this solution on YOUR website! Inflation Rate = ((Final Value - Initial Value)/Initial Value)(100) \n" ); document.write( " 3 = ((Final Value - 10000)/10000)(100) \n" ); document.write( " .03 = (Final Value - 10000)/10000 \n" ); document.write( " 300 = Final Value - 10000 \n" ); document.write( " 10300 = Final Value\r \n" ); document.write( "\n" ); document.write( "The car will cost $10,300 on the next year. \n" ); document.write( " \n" ); document.write( " |