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AR15.COM
12/7/2010 11:01:06 PM EDT
So, if fuel is $3 a gallon, and it will go up 2% every year, what will fuel cost in 20 years?

I keep coming up with $61 and that seems too high.

Aviator
12/7/2010 11:10:12 PM EDT
[#1]
initial cost * (1 + rate) ^ years = final cost
$3.00 * (1.02) ^ 20 = $4.46
12/7/2010 11:10:41 PM EDT
[#2]
No math whizzes on tonight?

Aviator
12/7/2010 11:10:45 PM EDT
[#3]
I get 4.457$
12/7/2010 11:10:58 PM EDT
[#4]
Quoted:
initial cost * (1 + rate) ^ years = final cost
$3.00 * (1.02) ^ 20 = $4.46


Ug fuck you and p=ii*r^y Fucking hate math. This guy is correct, though.
12/7/2010 11:12:57 PM EDT
[#5]
I come up with $4.20.......................but our differences are because of the way the question is asked that leaves it open to interpretation.

Ie, my 2% each year is based on the base level of $3 which $.06. Times 20 years, that's an additional $1.20. That is, each year, gas goes up 2% from the base amount.

Granted, that probably isn't what the question intended............but the question didn't ask that.
___________________________________________________
("So you see, I did tell you the truth.....from a certain point of view."––Ben, (w,stte), "Return of the Jedi")
12/7/2010 11:13:18 PM EDT
[#6]
Thanks!

Aviator
12/7/2010 11:15:44 PM EDT
[#7]
In 20 years, we'll be using plasma in the 40watt range.
12/7/2010 11:19:25 PM EDT
[#8]
Quoted:
In 20 years, we'll be using plasma in the 40watt range.


You remind me of my brother and sister in law. Ask them a question about technology and they will answer it by being visionaries and say we will be using something else.
______________________________________________________
("You imbecile! That's no answer at all!"––Andrew the lawyer, trying to destabilze the engagement of his cash cow client, (w,stte), "A New Leaf")