title: Change value of a label when select form is changed with jQuery
body: <p>What I want to do is to be able to change the value of a label when I make a change in a dropdown select form.</p>
  
  <pre><code>&lt;select form="FormCalcInput" id="calcOption" title="Choose what value you want to count&gt; 
      &lt;option value="PMT" class="PMT"&gt;Payment (PMT)&lt;/option&gt;
      &lt;option value="I" class="I"&gt;Interest (I)&lt;/option&gt;
      &lt;option value="FV" class="FV"&gt;Future value (FV)&lt;/option&gt;
      &lt;option value="PV" class="PV"&gt;Present value (PV)&lt;/option&gt;
  &lt;/select&gt;
  
  &lt;label id="labelChanged"&gt;&lt;/label&gt;
  </code></pre>
  
  <p>So the label should be the previous selected value.</p>
  
  <p>Thanks.</p>