Math Problem Statement

If inflation rate 6% - Now you have 100 Rupees - what is the value of 100 RS after 10 years?

Solution

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Inflation
Exponential Decay
Future Value Calculation

Formulas

FV = PV × (1 - inflation rate)^t

Theorems

-

Suitable Grade Level

Grades 9-12