document.write( "Question 976223: the formula S=C(1+r)^t models inflation, where :
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document.write( "a. C=the value today
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document.write( "b. r=the annual inflation rate
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document.write( "c. S=the inflated value t years from now \r
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document.write( "use this formula to solve the following problem:\r
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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)![]() ![]() ![]() 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 \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The house will be worth roughly $591,229.78 \n" ); document.write( " |