Question: The current price on a 60-inch flat panel LCD HD television is 1434. Big screen HD television prices have dropped at an average rate

The current price on a 60-inch flat panel LCD HD television is

The current price on a 60-inch flat panel LCD HD television is 1434. Big screen HD television prices have dropped at an average rate of 11.9% per year in recent years. If you expect this trend to continue, how much will this style of television cost in two years? Type your answer to 2 decimal places Use the relevant formula instead of CVIF, PVIF, CVIFA or PVIFA

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