document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1099258>Question 1099258</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone explain me how to calculate this. Thank you\r<BR>\n" );
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document.write( "If money loses&#8203; value, then as time&#8203; passes, it takes more dollars to buy the same item. Use the table to answer the questions. Let t be years and y be the value of&#8203; $ in t years..<BR>\n" );
document.write( "t: 1, 2, 3, 4, 5, 6,<BR>\n" );
document.write( "y: 0.98, 0.96, 0.94, 0.92, 0.90, 0.89\r<BR>\n" );
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document.write( "a) Suppose a house cost $103.000 today. Estimate the cost of the same house in 6 years?\r<BR>\n" );
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document.write( "b) Estimate a cost of $40 textbook in 2 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #713688 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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/cgi-bin/show-face.mpl?user=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=713688\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> In 6 years, every dollar will be worth 0.89 cents. <BR>\n" );
document.write( "Today: 103000/1 = 103000<BR>\n" );
document.write( "but...<BR>\n" );
document.write( "in 6 years: 103000/0.89 = 115730.34 </SPAN>\n" );
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