Inflation Calculator
How to Use This Calculator
This inflation calculator helps you estimate the future or past value of money based on an average annual inflation rate.
Steps:
- Enter the initial amount of money.
- Select the start year and end year.
- Enter the average annual inflation rate as a percentage.
- Click "Calculate" to view the result.
Formula:
Future Value = Initial Amount × (1 + Rate)^Years
Use Cases:
- Comparing past and present dollar values.
- Planning long-term savings or retirement funds.
- Estimating price changes over time.
