The inflation can be measured by the percentage of change in the CPI.
From the givens:
The change between year 1 and year 2 = 150 - 120 = 30
Now, the percentage of change can be calculated as follows:
% of change = (change in CPI/original CPI) * 100
% of change = (30/120) * 100 = 25%
From, the definition, inflation is measured as the percentage in change of CPI, therefore, inflation = 25%
Answer:
First of all we will check that we had opened the correct ledger account and then we will date and treat the ledger account with the correct entry which means if it should be debited then it should be debited. Secondly, we will add the amount in the ledger acoount to pass the entry to the computer.
This is how journal entries are passed in the Quickbooks, Peachtree, Sage, Tally, Oracle, SAP, etc. (These are the names of accounting softwares used in accounts departments)
Answer:
$1932.37
Explanation:
To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:
Difference = Value after 1 year - Present value
We first convert the interest rate percentage by dividing interest rate value by 100
Present Value = $40 000 / (1 + 0.035)5 = $7729.47
Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81
Difference = $9661.81 - $7729.47 = $1932.37
In the natural world, limiting factors like the availability of food, water, shelter and space can change animal and plant populations. Other limiting factors, like competition for resources, predation and disease can also impact populations. ... Some changes may cause a population to increase.
