It will be approx USD 32578.
It is approx 77393.69 units of currency.
Assuming that the 10 % stated is per year, the investment will earn 0.10 X 20000 = 2000 per year. The years required to earn 4000 will be 4000/2000 = 2.
22,011
Year 17990 BC.
If the price increases by 2% each it will be 100 % of the old price + 2 % of the old price = 102 % of the old price each year percent means "out of 100" → 102 % = 102/100 = 102 ÷ 100 = 1.02 Thus to find the price next year, take the price this year and multiply it by 1.02 To find the price after 1 year, multiply the current price by 1.02 giving price after 1 year ≈ current price × 1.02 To find the price after 2 years, multiply the price after 1 year by 1.02, giving: price after 2 years ≈ price after 1 year × 1.02 = current price × 1.02 × 1.02 = current price × 1.02² To find the price after 3 years, multiply the price after 2 years by 1.02, giving: price after 3 years ≈ price after 2 years × 1.02 = current price × 1.02² × 1.02 = current price × 1.02³ From this it can be seen that the price after n years ≈ current price × 1.02ⁿ Thus for the car which starts at $31,000: price after n years ≈ $31,000 × 1.02ⁿ Therefore after 4 years the price will be approx 31,000 × 1.02⁴ ≈ $33,555
If price of House is Rs. 2,50,000.00 Inflation 4% annually. After 5 years, Price of house will be: Future value = Present value (1+ inflation rate) ^ years i.e., 2,50,000.00 * (1+0.04)^5 = Rs. 3,04,163.23
6.000
It is 20000*(1.07)^60 = 1158928.54
5 percent
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
Prices will double in approximately 24 years with a three percent rate of inflation.
20000 - 20000(.10)(5) = $10000 **That is assuming there was no real damage done!
RUNNING INFLATION: "It refers to the situation where the price level rises very fast. In case, price level doubles up every 3 years. It is, generally, succeeded by galloping inflation"
477,567
Inflation.eu is one of many sites that lists the inflation rates of India over the last 5 years. Since 2004, the inflation rate has risen and fallen, with a peak of 14.97 percent in 2009. The rate in 2013 was 9.13 percent.
$5,249.54
It is approx 77393.69 units of currency.