It's s*(1+I)^n where s is salary, n is years and I is Inflation/100
“With an inflation rate of 10%, your $100,000.00 salary needs to increase to $161,051.00 in 5 years to maintain your purchasing power.”
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With our Compound #Inflation Calculator, you can easily calculate the amount your salary needs to increase to maintain your purchasing power over time.
Simply enter your current salary, inflation rate, and the number of years you want to calculate for, and our calculator will show you what your salary needs to be to keep up with inflation.” nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4, learn more about compound inflation here!
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