Price per Unit in Units Purchased 2008 2009 2010 Good A 5 $1.00 $1.50 $1.50 Good B 10 $2.00 $2.50 $3.00 Good C 4 $4.00 $4.50 $5.00 If 2009 is the base year, the inflation rate between 2008 and 2009 is Select one: a. 23.2% b. 14.1% С. 20.4% d. 18.8%
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- If the CPI in period 1 is 125 and the CPI in period 2 is 150, then the rate of inflationbetween period 1 and period 2 isA) 20%.B) 25%.C) 30%.D) 50%there is a new calendar beginning. Year 0 because it just started. annual inflation rate has been calculated since the Zero Year. these annual inflation follow a pattern. Therefore, %1 in year1, %2 in Year 2, 3% year3. This new calendar uses the hexadecimal system. So after year 9 comes 10% for Year A ,11% for Year B,12% for Year C, 13% for Year D,14% for Year E, 15% for Year F, and then 0% for 10. How much if we calculate the average inflation rate during the 8192 New Year of this new calendar, which occurred at the end of 2000?Ford Territory Titanium costs ₱1.23 million today. You have found a way to earn 15% tax free on an “auto purchase account”. If you expect the cost to increase by 10% per year, how much would you need to deposit in the “auto purchase account” to provide for the purchase of the auto 5 years from now? If the Consumer Price Index was 208.5 on January 1, 2010, and 10 years after it was 516.71. What was the inflation rate, compounded annually, over that 10-year period? If that rate continues to hold for the next 10 years, what Consumer Price Index can be expected on January 1, 2030?
- You just made an investment in an insurance policy that is guaranteed to pay you $2.6 million 20 years from now provided you live that long.What will be the purchasing power of that amount with respect to today's dollars if the market interest rate is 8% per year and the inflation rate stays at 3.7% per year over the 20-year period?The purchasing power of this amount is. Please answer correct calculation asap plz Don't answer by pen paper plzthis is about Introduction to Decisions Under Certainty on engineering economics subject.. please show your solution. Construction equipment has a cost today of $40,000. If its cost has increased by onlythe inflation rate of 6% per year when the market interest rate has been 10% per year,what was its cost 10 years ago?Given: F = $40,000 n = 10 yearsf = 6% i'f = 10%The first year Jeff paid for a membership at his gym, the fee was $440.00. He renewed his membership three times; in 2002 for $480.00, in 2004 for $500.00, and again in 2006 for $530.00. What is the overall rate of inflation for Jeff's gym membership? Question 4 options: 6.6% 3.4% 20.45% 16.66%
- Inflation has been a reality for the general economy of the U.S. in many years. Given this assumption, calculate the number of years it will take for the purchasing power of today’s dollars to equal onethird of their present value. Assume that inflation will average 2.5% per year.b. The price of a product was $0.88 in the year 2008 and $1.28 in the year 2018. What is the average annual inflation rate for this product? (ANSWER CHOICES: 3.82 % or 3.68 % or 3. 98% or 3.42%) c. If the CPI for January 2008 is 208.837 and the CPI for December 2018 is 255.539, what is the average annual inflation rate (per year) from Jan 2008 to Dec 2018? (Hint: Calculate monthly inflation rate and then use annual effective interest rate) (ANSWER CHOICES: 1.75% or 1.85% or 1.95% or 1.65%)The cost of first-class postage has risen by about 5% per year over the past 30 years. The U.S. Postal Service introduced a one-time forever stamp in 2008 that cost 41 cents for first-class postage (one ounce or less), and it will be valid as first-class postage regardless of all future price increases. Let’s say you decided to purchase 1,000 of these stamps for this one-time special rate. Assume 5% inflation and your personalMARR is 10% per year (im). Did you make a sound economical decision?
- . If the price index in period 3 is 125 and the price index in period 4 is 120, the rate of inflation between period 3 and period 4 is A) -5%. B) -4 %. C) 20%. D) 4 %The current gasoline price is $3.50 per gallon,and it is projected to increase next year by 4%, 6%the following year, and 8% the third year. What is theaverage inflation rate for the projected gasoline pricefor the next three years?If the rate of inflation is 3.9% per year number of years from today. p(t)=800(1.039)^(t)