Page 1 of 1
The formula A=P(1+r) models infation, where P the value today, the annual inflatsion rate (in decimal form, and A-the in
Posted: Mon Jul 11, 2022 10:19 am
by answerhappygod
- The Formula A P 1 R Models Infation Where P The Value Today The Annual Inflatsion Rate In Decimal Form And A The In 1 (16.42 KiB) Viewed 40 times
The formula A=P(1+r) models infation, where P the value today, the annual inflatsion rate (in decimal form, and A-the inflated value t years from now. If the infation rate is 6%, how much will a house now worth $173,000 be worth in 10 years? Round your answer to the nearest dotar The house will be worth $(Round to the nearest dollar as needed)