leickelber leickelber
  • 13-09-2020
  • Mathematics
contestada

In 1988, a certain model of car cost $17000. What would be the cost of that car in 2017 dollars?

Respuesta :

Tundexi
Tundexi Tundexi
  • 13-09-2020

Answer:

$66,092.50

Step-by-step explanation:

In 1988, the car cost $17,000

Annual inflation over this period was 3.54% from 1988 to 2017

After adjusted for inflation, $17,000.00 in 1978 is equal to $66,092.50 in 2017

Therefore, the cost of that car in 2017 is closest to $66,092.50

Answer Link

Otras preguntas

how did the issue of slavery lead to the division of the united states? why did people feel slavery was needed?
what is the answer to this question √c+10=4
A glacier grew g feet over winter. It shrank 25 feet in summer.if the total change was -10 feet how much had the glacier grown in winter
which one represents three hundreths?? 0.3 0.03 0.003 i think it's this one < 0.0003
Courtney takes 2.4x10 to the power of 4 steps during her long distance run. each step covers an average of 18mm. what is the total distance in mm did courtney c
On what continent would you find 60°N, 100°E?
Avery gets newsletters by email! He gets one for sports every 5 days, one for model railroads every 10 days, and one for music every 8 days. If he got all three
simplify x^2/x^2×z^2/y^-2
Where do you find elements grouped that have the most similar physical and chemical properties? a. horizontal periods b. left side of the table c. in vertical g
the largest place value that 8.21 and 19.5 have in common is the tens place. true or false