Calculates the future cost of today's goods, and the future purchasing power erosion of a fixed amount, at a given inflation rate.
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Future Cost of Same Goods
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Future Purchasing Power of This Amount
Formula Reference
Future Cost = Amount × (1 + inflation)years (what today\'s goods will cost in the future)
Future Purchasing Power = Amount ÷ (1 + inflation)years (what this exact amount will be able to buy in the future, in today\'s terms)
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