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| Inflation Formula: Inflation = Future Value of Single Payment, FVsingle(1, Number of Years, Inflation Rate/100, Amount Today) | |||
Inflation Definition The Inflation Calculator makes it easy to not just calculate inflation and the effect of inflation on your money but it allows you to input a present day dollar amount, an inflation rate, and the number of years and then the free online inflation calculator will tell you what amount you would need in the future to be able to have the same buying power as the present day amount that you entered into the calculator. Inflation is sneaky because it can slowly erode the purchasing power of your money. Use the free inflation calculator to do some hard and fast inflation calculations today! Also, be sure and check out our Consumer Price Index (CPI) Inflation Calculator! How to Calculate Inflation Let's be honest - sometimes the best inflation calculator is the one that is easy to use and doesn't require us to even know what the inflation formula is in the first place! But if you want to know the exact formula for calculating inflation then please check out the "Formula" box above. |