Geraldo recently saw a newspaper ad for a new version of his laptop. the projected price is $400.00, and the laptop will be out
on the market in about one year. geraldo wants to purchase a new laptop but is wondering if he should wait a year. with 2.5% inflation, what amount would he pay to purchase a laptop today that is the same value as the one he saw in the ad? responses $390.24 $390.24 $397.30 $397.30 $390.00 $390.00 $397.50
