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#1 |
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Patron
LugerForum Patron Join Date: Dec 2007
Location: Illinois
Posts: 706
Thanks: 1,026
Thanked 409 Times in 225 Posts
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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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#2 | |
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User
Join Date: Sep 2006
Location: Canada
Posts: 256
Thanks: 74
Thanked 67 Times in 32 Posts
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Quote:
Using simple compound formula for 42 years and your numbers we arrive at: $6065.66 |
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