Question

The formula 3-C models inflation, where the value today, the annual inflation rate (in decimal form), and the inflated value tyears from now. If the inflation rate is how much will worth WA000 be worth in 3 years? Round your answer to the nearest dollar The how will be worth $1. Round to the nearest dollar as needed) Er you in the answer box Type here to search O FG FY FB FO FO 19 F12 Prit $ A N@ % 5 & 7 1 3 6 8 9 O Tab Q W E R T Y U o P C I Caps Lock S A D G F K EUR L < > Shift N < х C B N M

Answer 1

principle amount ts: $64000 rate of interent, 8 = GY years, tea s=c(148) S=64000(1+) - 64000 (16)9 = $10.8126.65 Therefore the house will be worth in a years = $108126.65 = $(08127