Your company has contracted to install 12,000 feet of floodwall on the flood plain of the Oka River, Moscow, Russia. The cost of the floodwall is estimated at $1,000 per linear foot. Your company can install about 1000 feet of flood-wall per month. After one and one-half months you have installed 1250 feet of the flood wall and have spent $950,000. What is the value for CPI? (Round your answer to 2 decimal places)
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- A recent college graduate has received the annual salaries shown in the following table over the past four years. During this time, the CPI has performed as indicated. Determine the annual salaries in year-zero dollars (b=0), using the CPI as the indicator of general price inflation. End of Year Salary (A$) CPI 1 $35,000 2.4% 2 36,500 1.8% 3 39,000 3.3% 4 41,000 3.5% Fill in the following table. (Round to the nearest dollar.) EOY Salary (R$ in Year 0) 1 2 3 4A 2¾ percent TIPS has an original reference CPI of 185.4. If the current CPI is 210.7, what is the par value and current interest payment of the TIPS? (Do not round intermediate calculations and round your final answers to 2 decimal places.)Please answer correct calculation asap plz Don't answer by pen paper
- 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%)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.The price for obtaining a cubic reactor of 1.2 m length was 2000 $ in 2013 (and the instillation cost is 30% of its price). If it is wanted by an investor to obtain a new one of larger size (the double) this year and to insulate it using one layer of insulation material that was cost 7 $/m² in 2013 (knowing that the cost of workers was 4 $/m² in 2013). How much will be the cost to install this new reactor? Year M&S Material Worker Index Index Index 2013 323 360 1480 587 2021 1505 600
- An engineer is planning for a 15-year retirement. In order to supplement his pensionand offset the anticipated effects of inflation, he intends to withdraw $5000 at the endof the first year, and to increase the withdrawal by $1000 at the end of each successiveyear. How much money must the engineer have in his savings account at the start of hisretirement, if money earns 6% per year, compounded annually? eng econ2. What is inflation? How will this affect the economic analysis of engineering projects?Please answer correct calculation asap plz Don't answer by pen paper plz