Quote:
Originally Posted by Arizona Slim
Joe, I did multiply the price of the Luger, $25.00 by the rate of inflation which I believe was 598.4% and that is how I arrived at a price of $149.60 as of last Nov. As far as taking the time to calculate the compound effect of inflation over a period of nearly 42 years it just wasn't worth the effort I was just looking for a ball park figure but thank you for your input. If you would like to do that I would appreciate your effort, I think it would be interesting to see the final figure. Thanks, Lon
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Using simple compound formula for 42 years and your numbers we arrive at:
$6065.66