The annual inflation rate calculator included in iCalculator, the innovative online real estate calculator provided by ProAPOD, has been updated to adjust for inflation and calculate the cumulative annual inflation rate in accordance with latest US government CPI data released August 15, 2013.
This means that you can use the inflation rate calculator in iCalculator to compute annual inflation rates starting as far back as the year 1913.
Here’s one inflation rate computation I recently ran with this latest US government CPI data just for the fun of it. Warning: You might feel the need to get sick (I did).
I wanted to see what effect inflation has had on the money I spent for goods and services several years ago. So I remembered back to the $4,300 spent in 1988 to cover the costs of a family vacation. The result? In today’s dollars I would have to spend $8,490.81 to enjoy that same vacation. That’s an annual rate of inflation of 97.5%. Hey, that’s almost double the cost. Can I turn back the clock?
You can, of course, input any dollar amount you wish. It requires just three entries. A starting year (no earlier than 1913), a dollar amount, and an ending year (any year after 1913 to the present). The inflation rate calculator will give you the results with one simple click of the button.
Current users of iCalculator do not have to pay for this annual inflation rate calculator update . All updates made to this online real estate calculator are free following your purchase. So the next time you login and start calculating, the current inflation rates, along with any other updates we may have made, will be computed automatically.
So You Know
iCalculator contains dozens dozens of calculators that allow you make computations in virtually seconds as well to learn numerous real estate investment formulas at the same time. So you get both function and learning with iCalculator. It’s web-based so you have 24/7 mobile online access. PLUS, by virtue of this article, you SAVE 64% and make only a one-time payment of $24.95 (with a full money-back guarantee).