document.write( "Question 976223: the formula S=C(1+r)^t models inflation, where :
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\n" ); document.write( "a. C=the value today
\n" ); document.write( "b. r=the annual inflation rate
\n" ); document.write( "c. S=the inflated value t years from now \r
\n" ); document.write( "\n" ); document.write( "use this formula to solve the following problem:\r
\n" ); document.write( "\n" ); document.write( "if the inflation rate is 3 percent, how much will a house now worth 510,000 be worth in 5 years?
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Algebra.Com's Answer #597875 by jim_thompson5910(35256)\"\" \"About 
You can put this solution on YOUR website!
Given Info:
\n" ); document.write( "C = 510000
\n" ); document.write( "r = 0.03
\n" ); document.write( "t = 5\r
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\n" ); document.write( "\n" ); document.write( "\"S=C%281%2Br%29%5Et\"
\n" ); document.write( "\"S=510000%281%2B0.03%29%5E5\"
\n" ); document.write( "\"S=510000%281.03%29%5E5\"
\n" ); document.write( "\"S=510000%281.1592740743%29\"
\n" ); document.write( "\"S=591229.777893\"
\n" ); document.write( "\"S=591229.78\"\r
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\n" ); document.write( "\n" ); document.write( "The house will be worth roughly $591,229.78
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