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October 21, 2014

October 21, 2014

Posted by **april** on Tuesday, June 29, 2010 at 12:01pm.

- Physics -
**Ms. Sue**, Tuesday, June 29, 2010 at 12:03pmIf you want a physics teacher to read your question, then please type the subject in the above line.

- college -
**Anonymous**, Thursday, July 1, 2010 at 8:22pmUsing the equation S= C(1+r/100)^5, calculate the inflation rate of the current price of a loaf of bread in Thailand priced at 25 baht in five years where S is the inflated cost, r is the inflation rate, and C is the current price of the item.

Country: Thailand

Currency: The Baht

Recent inflation rate: -0.90 percent

Loaf of bread: 25 baht

S= 25baht(1-0.009)^5

S= 25(0.991)^5

S= 25(0.9558)

S= 23.895 baht

With an inflation rate of -0.90 percent, after five years a loaf of bread can be purchased in Thailand for less than 23.895 baht or 23.90 baht if rounded up which is about 1.10 baht less than what it can be bought for now.

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