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?
THE WORK I HAVE DONE SO FAR
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C=$100,000
R=2% --> 0.02
S= (find S)
t=25 years
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<pre>
They want you SUBSTITUTE the given values into the given formula

    S = {{{100000*(1+0.02)^25}}} = {{{100000*1.02^25}}}.


Next they want you use your calculator.  If you do it, you shoud get

    S = 164061  dollars  (rounded to the closest dollar).   <U>ANSWER</U>
</pre>

Solved.


That's all they want you do &nbsp;&nbsp;(which I made for you).