Geraldo recently saw a newspaper ad for a new version of his laptop. The projected price is $400.00, and the laptop will be out on the market in about one year. Geraldo wants to purchase a new laptop but is wondering if he should wait a year. With 2.5% inflation, what amount would he pay to purchase a laptop today that is the same value as the one he saw in the ad?

Respuesta :

Answer:

The answer would be $410.00.

Cheers,

Got an question worth 25 points, pls guys go and answer it. Find the question on my profile.

Thankssss.

Answer:

$390.00

Step-by-step explanation: For one, I took the test lol. But the procedure is very simple.

1. 0.025 x 400 = 10

2. 400-10 = 390.00

That would be your finale answer.