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Date: Mon, 21 May 2001 22:15:22 +0200
From: Martin Hilvers <mhilversnopsamir1.inter.nl.net>
Subject: Re: How Much Did My 900 Cost In Todays Money?



Jonathan McCormack wrote:
> 
> I found the original sales reciept for my 1987 SAAB 900 which was
> £9995.
> 
> How do you work out what that is in todays money, do you just add the
> average rate of inflation to the price, or is it more complicated that
> that?

You mean cash value Cn = C * (1+p)^n
in your case at 4% in 14 years;  Cn = 9995*(1+0,04)^14 = £ 17308
and do not forget (the cash value) of all the fuel, road tax, repairs
etc over those 14 years.

-- 
MH ('77 96 '78 95 '79 96 '72 97)
http://go.to/saab96
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