Math Problem Statement

If I save today 8 cr rupees and it's annual inflation rate is 7 percentage can you calculate after 25 years later what will be value have this money

Solution

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Math Problem Analysis

Mathematical Concepts

Depreciation
Inflation Adjustment
Exponential Decay

Formulas

FV = PV / (1 + r)^n

Theorems

Inflation Depreciation Formula

Suitable Grade Level

Grades 10-12