1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katrin [286]
3 years ago
11

The annual average CPI for 2016 was 240.5. If the CPI for 2010 was 218.1, then what was the inflation rate for the years 2010-20

16 (%)
Business
1 answer:
aksik [14]3 years ago
8 0

Answer: 9.31%

Explanation:

The Consumer Price Index (CPI) is able to check the price change per year by pricing a fixed basket of goods in different years. It can be used to calculate inflation with the formula;

Inflation rate = (CPI target year - CPI base year / CPI base year) *100

= \frac{240.5-218.1}{218.1} * 100%

=9.31%

You might be interested in
.Please only answer if you know for sure. 30 pts
Lostsunrise [7]

Quality information is derived from data.

3 0
3 years ago
You toss a coin three times. If you toss heads exactly two times, you win $2. If you toss heads all three times, you win $8. Oth
ivanzaharov [21]

Answer:

-0.75

Explanation:

We will examine the sample space, which is used in games like this one, to see the possible outcomes of the game:

H H H

H H T

H T H

T H H

T T H

T H T

H T T

T T T

The probability for getting three heads is 1/8. The probability for getting two heads is 3/8. And the probability for everything else is 1/2.

So, when the probabilities and the payouts (or losses) are put in the weighted formula, we get:

1/8*8 + 3/8*2 + 1/2*(-3) = -0.75

So the expected <em>loss </em>in the game is <u>0.75 dollars.</u>

3 0
3 years ago
To avoid injury when you're putting an item down, proper technique involves:
lisov135 [29]

A) Positioning your hands so your fingers don't get caught under the load

4 0
3 years ago
Read 2 more answers
When lakisha does not get a promotion she was expecting, she asks her supervisor to explain what happened. he tells her that the
mojhsa [17]
<span>The partners' evaluation of lakisha reflects "child" stereotype of women.
</span>
In social psychology, a stereotype refers to any thoughts that are about particular sorts of people or certain methods for carrying on expected to speak to the whole gathering of those people or practices as a whole. These thoughts or convictions might possibly precisely reflect reality. In psychology and across other disciplines, distinctive conceptualizations and hypotheses of stereotyping exist, on occasion sharing shared traits, and in addition containing conflicting components.
3 0
3 years ago
Read 2 more answers
A firm is considering a project requiring an investment of $30,000. The project would generate an annual cash flow of $7,251 for
Nina [5.8K]

Answer:

c.12%

Explanation:

PVF of  12% for 6 years is 4.11

PVFof 11% for 6 years is 4.23

Present value of cash inflows, 12% = 7251*4.11

Present value of cash inflows, 12% = 29801.61

Present value of cash inflows, 11% = 7251*4.23

Present value of cash inflows, 11% = 30671.73

Internal rate of return = 11% + (30671.73 - 30000)/(30671.73-29801.61)

Internal rate of return = 11.7719969659%

Internal rate of return = 11.772%

3 0
3 years ago
Other questions:
  • Hewlett-Packard introduced its HP Tablet a few years after Apple launched its original iPad, about the same time Apple introduce
    6·1 answer
  • In ____________, networks of labor, production, and consumption of products span the world.
    15·1 answer
  • A convenience store provides utility for customers because it makes it easy for them to purchase a few essentials when they stop
    6·1 answer
  • Most group Disability Income contracts are offered on a/an:
    8·1 answer
  • Suppose Larry's Lariats produces lassos in a factory, and uses nine feet of rope to make each lasso. The rope is put into a mach
    10·1 answer
  • Due to the potential impact of changes that can affect all users in an organization, and considering that security vulnerabiliti
    14·1 answer
  • nkedIn targets a specific demographic: working professionals. They tend to be older and better educated. Why might advertisers b
    14·1 answer
  • California Company included the following items in its financial statements for ​, the current year​ (amounts in​ millions):
    6·1 answer
  • On average most companies aim for? Inventory turns per year.
    11·1 answer
  • Hamner Time has sales of $122,000, costs of $54,600, depreciation of $32,800, interest of $12,000, and a tax rate of 21 percent.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!