document.write( "Question 1202130: The formula S=C(1+r)^t models inflation, where C=the value today, r= the annual inflation rate (in decimal form), and S= the inflated value t years from now. If the inflation rate is 2%, how much will a house now worth $100,000 be worth in 25 years? Round your answer to the nearest dollar?\r
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\n" ); document.write( "\n" ); document.write( "C=$100,000
\n" ); document.write( "R=2% --> 0.02
\n" ); document.write( "S= (find S)
\n" ); document.write( "t=25 years
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Algebra.Com's Answer #836772 by ikleyn(52797)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( " The formula S=C(1+r)^t models inflation, where C=the value today,
\n" ); document.write( "r= the annual inflation rate (in decimal form), and S= the inflated value t years from now.
\n" ); document.write( "If the inflation rate is 2%, how much will a house now worth $100,000 be worth in 25 years? Round your answer to the nearest dollar?
\n" ); document.write( "THE WORK I HAVE DONE SO FAR
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\n" ); document.write( "C=$100,000
\n" ); document.write( "R=2% --> 0.02
\n" ); document.write( "S= (find S)
\n" ); document.write( "t=25 years
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document.write( "They want you SUBSTITUTE the given values into the given formula\r\n" );
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document.write( "    S = \"100000%2A%281%2B0.02%29%5E25\" = \"100000%2A1.02%5E25\".\r\n" );
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document.write( "Next they want you use your calculator.  If you do it, you shoud get\r\n" );
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document.write( "    S = 164061  dollars  (rounded to the closest dollar).   ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "Solved.\r
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\n" ); document.write( "\n" ); document.write( "That's all they want you do   (which I made for you).\r
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