document.write( "Question 1041132: Percentages\r
\n" ); document.write( "\n" ); document.write( "5. From 1982 to 2012, the cumulative U.S. inflation rate was 95%. In 2012, the average price of a decent burger, fries, and a drink was $8.75. Find the equivalent price in 1982 dollars.\r
\n" ); document.write( "\n" ); document.write( " ____________________
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #656059 by jorel555(1290)\"\" \"About 
You can put this solution on YOUR website!
If the cumulative inflation rate is 95% over a certain period, then goods sold at the end of that period are 1+.95 times what they were at the beginning. Thus:
\n" ); document.write( "8.75=(1+.95)n
\n" ); document.write( "n=8.75/1.95
\n" ); document.write( "n=$4.49 was the price in 1982 (Too bad you can't go back!!!!) ☺☺☺☺
\n" ); document.write( "
\n" );