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- The Oxford Dictionary defines the word nominal asa value that is “stated or expressed but notnecessarily corresponding exactly to the real value.[18]Develop a reasonable argument for why the termnominal rate is used to describe the annual percentagerate of an investment account that compoundsinterest.Estimate the age of a newly discovered fossil for which the ratio of carbon-14 to carbon-12 is R=1/1014.Which of the following conclusions is not supported by data in the graph? 1. The ratio of biomass to fossil fuel extraction did not change that much in that time. 2. Overall, fewer tons of metals were extracted than minerals. 3. The extraction of all four types of natural resources - biomass, minerals, metals and fossils fuels - increased steadily for several decades after 1980. 4. Biomass energy is a renewable resource.
- The Fast Track Ski Shoppe sells ski goggles during the four months of the ski season.Average demand follows: a. Calculate the deseasonalized sales and the seasonal index for each of the fourmonths.b. If next year’s demand is forecast at 1200 pairs of goggles, what will be the forecast sales for each month?The Consumer Price Index (CPI) is used to measure prices relative to some base price. The Bureau of Labor Statistics maintains the index which measures prices relative to the years 1982 to 1984. The base CPI is 100 and corresponds to average prices in 1982 to 1984. Suppose the CPI for new vehicles in November 2018 was 145.025. This means that prices for new vehicles in November 2018 were 145.025% of what they were in 1982 to 1984. a) Suppose in 1984, the list price of a new Toyota Corolla was $9,129.00. Using the CPI, what would be the price of a new Toyota Corolla in November 2018? Round to the nearest cent. b) Suppose in November 2018, the list price on a base model of the Toyota Tacoma was $26,700.00. Using CPI, find the list price of a new Tacoma in 1984. Round to the nearest cent.Newell et al. 2022 observed the following relationship between precipitation p (measured in mmrainfall) on the abundance of arthropods A (measured in mg/m2 biomass) in Peru. I provided an image of the equation below (a) On what intervals does increasing precipitation increase biomass? (b) On what intervals does increasing precipitation decrease biomass? c)At what rate does increasing precipitation increase/decrease biomass in a rain forest thatreceives 500mm of rain annually?