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MakenaFink
21.12.2020 •
Mathematics
when you convert 10000 present dollars into future dollars of year 15 if the inflation rate is 77% per year, the result is equal to .
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Ответ:
$125,500
Step-by-step explanation:
From the question we are given the following
Present amount = 10000
Inflation rate = 77%
Time = 15years
Using the simple interest method n
Get the inflation amount after 15years
SI = Principal × Rate ×Time/100
SI = 10000×77×15/100
SI = 100×77×15
SI= $115500
The amount after 15years = Present amount + interest
Amount after 15years = 10000+115500
Amount after 15years = $125500
Hence the required result is equal to $125,500
Ответ: