313.13
13. When Dr. Evil named his price for not destroying the world, he said: "$1 million!!" Everyone laughed because it was 1997 and $1 million was not a lot of money. Dr. Evil was thinking of $1 million in 1967 when it was a lot of money. If inflation was 3% per year for those 30 years, what amount of money should he have asked for in 1997 in order to get the same buying power as $1 million had in 1967? (4)