View Single Post
Unread 01-18-2012, 03:45 PM   #24
SIGP2101
User
 
SIGP2101's Avatar
 
Join Date: Sep 2006
Location: Canada
Posts: 256
Thanks: 74
Thanked 67 Times in 32 Posts
Default

Quote:
Originally Posted by Arizona Slim View Post
That would make a $25.00 item worth $149.60, ....

Lon
Your math is not correct, you just calculated 25% out of 598.4 when in fact you had to multiply $25 by 598.4 rate of inflation which also won't be correct because it will not take into account compound effect of inflation over the years.
SIGP2101 is offline   Reply With Quote