Question

use the formula of inflation to find the prime of a movie ticket in 2005 if the inflation rate from 2000 to 2005 was 3.53%​

Answer 1

`C = \$\,5.18`

Step-by-step explanation:

Let assume that the movie ticket costed $ 5 in 2000. The formula of inflation rate is:

`(C-\$\,5)/(\$\,5) * 100\,\% = 3.53\,\%`

The cost in 2005 is:

`C = \$\,5.18`