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olasank [31]
2 years ago
10

n 1982 the inflation rate hit 16%. Suppose that the average cost of a textbook in 1982 was $25. What was the expected cost in th

e year 2017 if we project this rate of inflation on the cost? (Assume continuous compounding. Round your answer to the nearest cent.) If the average cost of a textbook in 2012 was $150, what is the actual inflation rate (rounded to the nearest tenth percent)?
Business
1 answer:
Elis [28]2 years ago
6 0

Answer:

Total number of years = 35

a. Expected cost in 2017 = $25 * e^(35*0.16)

Expected cost in 2017 = $25 * e^5.6

Expected cost in 2017 = $25 * 270.42

Expected cost in 2017 = $6,760.50

b. If the average cost of a textbook in 2012 was $150, then the actual inflation rate:

150 = 25 * e^(r*t)

150 = 25 * e^(r*30)

6 = e^(r*30)

Taking log base e on both side

30r = Ln6

30r = 1.7918

r = 1.7918/30

r = 0.05972667

r = 5.97%

So,  actual inflation rate is 5.97%

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A thearter is kept open for an advertisement to allow people to view or have an idea of the movies to be shown in the evening.

<h3>What is a business strategy?</h3>

Business strategy is a list of actions and decisions made by a company or organization to reach its goals and objectives.

Opening theater in the afternoon is a business strategy and it is an approach to create awareness of what their programs will be.

Therefore, A theater is kept open for an advertisement to allow people to view or have an idea of the movies to be shown in the evening.

For more information on business strategy kindly check

brainly.com/question/24967768

8 0
2 years ago
Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company enco
Novay_Z [31]

Answer:

correct option is b. frederick herzberg to increase worker motivation.

Explanation:

given data

reimbursing them up to =  $7,500 per year

solution

  • Frederick Herzberg developed his two-factor theory from the hierarchy of Abraham Maslow to the theory of necessities. The two-factor theory basically states that employers have a set of factors that motivate them and that they have a particular set of factors that do not motivate them, and that the two factors are independent of each other.  
  • as employers may try to motivate employees by following certain actions, but this does not mean that employees are ignored every time, because beliefs, actions, and events that lead to lack of motivation are different from those that go by. More motivation.
  • Factors that motivate employees include: self-awareness, complexity of work, achievement recognition, loss of responsibility.

so  Collier Chemicals is adopting a strategy to meet those needs.

7 0
3 years ago
Meredith is a passive 30% member of the MNO LLC. She is not a managing member and she does not participate in any activities of
goldfiish [28.3K]

Answer

b.$0 SE tax; $90,000 NII tax.

The answer and procedures of the exercise are attached in the following image.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

7 0
3 years ago
For each of the goods, identify the characteristics that describe each good. Note that each good will be described with two char
Bad White [126]

Answer: PLEASE  see below for answer

Explanation: An excludable good is referred to as a private good which restrict people from using them while a non excludable goods are public goods that do not place restriction an so  people can access them eg park .

Also, Non-rivalrous goods are those goods that even though consumed by the people will not cause shortage of the  availability of the same goods to others.   A rivalrous good is the opposite as it causes shortage in availability  to others when used.

National Defence----Non excludable and Non Rivalrous

Pay-Per-View cable television---Excludable and NonRivalrous

a Hot Pocket sandwich--- Excludable and Rivalrous

private classroom education--- Excludable and Rivalrous

pajamas--- Excludable and Rivalrous

a unicycle ---- Excludable and Rivalrous

7 0
2 years ago
You owe $6,800 on a car loan that has an interest rate of 6.75 percent and monthly payments of $310. You lost your job and your
solmaris [256]

Answer:

<em>It will take 9 months longer to repay this loan</em>

Explanation:

<u>Financial Loan Payments</u>

Let's assume a loan has been received for a present value PV at an interest rate i during n periods. Being R the amount of each payment, then

\displaystyle PV=R\cdot \frac{1-(1+i)^{-n}}{i}

Solving for n we have

\displaystyle n=-\frac{log\left(1-PV.i/R\right )}{log(1+i)}

The first agreement of payment has the following data

PV=6,800

i=6.75/(12\cdot 100)=0.005625

R=310

Computing n

\displaystyle n=-\frac{log\left(1-6,800\cdot 0.005625/310\right )}{log(1+0.005625)}

n=23.5\approx 24\ months

The new agreement changes R to 225, thus

\displaystyle n=-\frac{log\left(1-6,800\cdot 0.005625/225\right )}{log(1+0.005625)}

n=33.2\approx 33\ months

This means that it will take 9 months longer to repay this loan

8 0
2 years ago
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