Sunday

April 20, 2014

April 20, 2014

Posted by **Latina** on Sunday, July 12, 2009 at 2:07pm.

valued at $230,000? Round to the nearest cent.

- math -
**MathMate**, Sunday, July 12, 2009 at 3:35pmPresent value = 230,000

Inflation rate, r = 6% p.a.

Period, n = 21

Future value

= present value * (1 + r)^{n}

You should have no problem proceeding from here.

- math -
**Anonymous**, Friday, October 12, 2012 at 6:30amrrtr

**Related Questions**

math - I can not solve this problem it's kind of hard for me can anyone please ...

Math - Need help with my practice review. Thanks 1.If inflation is 6% a year ...

math - Inflation is running 2% per year when you deposit $1000 in an account ...

Math - Suppose an insurance agent offers you a policy that will provide you with...

math - Find the accumulated amount A if the principal P = $3,000 is invested at ...

MATH - Find the cost of a home in 20 years, assuming an annual inflation rate of...

MATH - Find the cost of a home in 20 years, assuming an annual inflation rate of...

Algebra - Suppose that an insurance agent offers you a policy that will provide ...

math - If $3,000.00 is deposited into an account paying 3% interest compounded ...

math - If $3,000.00 is deposited into an account paying 3% interest compounded ...