169 (1+r/100)^5
I do not know what the inflation rate is an Afganistan or what their currency s worse,
say it is 5%
169 (1.05)^5
169 ( 1.276)
215.69
What would the currency be from Afghanistan currency if sunglass cost $169.40 U.S. dollar amount, so my question would be how do I solve the equation if S=C(1+r/100)^5 to find the inflated cost S, in 5 years, where C is the current price of that country's currency and where the inflation rate is r%.
S I have to post the country, the inflation rate, the type of currency, a value of C of my choice.
My country is Afghanistan, my price is $169.00 for sunglases, and I have to calculate the approximate inflated cost of C after 5 years. also SUMMARIZE MY FINDINGS IN A BRIEF SENTENCE.
1 answer