Econonomics
Not what you're looking for?
Web resources, and/or other materials, find the most recent report of the annual inflation rate of a country of your choice as well as the type of currency used in that country. The equation
S=C(1+r/100)^5
also typed as S=C(1+r/100)^5 to find the inflated cost S, in 5 years, of an item, good or service, where C is the current price of that item in that country's currency and where the inflation rate is r%. Choose any value of C, the current price of an item in that country's currency, that you would like.
Include in your post the country, the inflation rate, the type of currency, a value of C of your choice, and the calculations needed to find the approximated inflated rate of C after 5 years.
Purchase this Solution
Solution Summary
Neat and step-wise answer is provided.
Purchase this Solution
Free BrainMass Quizzes
Graphs and Functions
This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.
Probability Quiz
Some questions on probability
Multiplying Complex Numbers
This is a short quiz to check your understanding of multiplication of complex numbers in rectangular form.
Solving quadratic inequalities
This quiz test you on how well you are familiar with solving quadratic inequalities.
Know Your Linear Equations
Each question is a choice-summary multiple choice question that will present you with a linear equation and then make 4 statements about that equation. You must determine which of the 4 statements are true (if any) in regards to the equation.