Mathematics, 11.02.2020 07:22, bradenhale

3. The formula S = C(1 + r) models inflation, where C = the value today, r = the
annual inflation rate (in decimal), and S = the inflated value t years from now. If
the inflation rate is 6%, how much will a house now worth $465,000 be worth in
10 years?

Answers: 2

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3. The formula S = C(1 + r) models inflation, where C = the value today, r = the
annual inflati...

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3. The formula S = C(1 + r) models inflation, where C = the value today, r = theannual inflation rate (in decimal), and S = the inflated value t years from now. Ifthe inflation rate is 6%, how much will a house now worth $465,000 be worth in10 years?

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3. The formula S = C(1 + r) models inflation, where C = the value today, r = the
annual inflation rate (in decimal), and S = the inflated value t years from now. If
the inflation rate is 6%, how much will a house now worth $465,000 be worth in
10 years?