Question: the formula s= c(1+r)^t models inflation, where c = the value today r = the annual inflation rate ( in decimal form and s= the

the formula s= c(1+r)^t models inflation, where c = the value today r = the annual inflation rate ( in decimal form and s= the inflated value t years from now. if the inflation rate is 7% how much will a house worth 120,000 now be worth in 24 years? round to nearest dollar

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