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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document.write( "THE WORK I HAVE DONE SO FAR
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document.write( "C=$100,000
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document.write( "R=2% --> 0.02
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document.write( "S= (find S)
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document.write( "t=25 years \n" );
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Algebra.Com's Answer #836772 by ikleyn(52797)![]() ![]() You can put this solution on YOUR website! . \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 \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 \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "They want you SUBSTITUTE the given values into the given formula\r\n" ); document.write( "\r\n" ); document.write( " S =\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "That's all they want you do (which I made for you).\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |