Answer: the statement made by Tim Cook is TRUE
Step-by-step explanation:
Given that;
in 2007 cost of 1st gen iphone = $499 (base year price)
cost of iphone today = $999 (current year price)
Using the Consumer Price Index
the Consumer Price Index = (cost pf product in current years/cost of product base year) × 100
we substitute
CPI = (999/499) × 100
CPI = 200.2004
so the CPI is 100.2004% higher in the current year than in the base year
Checking the inflation rate
IR = (( CPI this year- CPI last year)/CPI last year) × 100
CPI last year (base year) = 100
CPI current year is = 100.2004
so
IR = (( 100.2004 - 100)/100) × 100
IR = 0.002004 × 100
IR = 0.2004%
THEREFORE the statement made by Tim Cook is TRUE
Answer:
-6
Step-by-step explanation:
<span>The 3 (x-coordinate) indicates that from the origin (0,0) in the cartesian plane, you have traveled four units to the right along the x-axis(the horizontal axis). </span>
<span>The 87 indicates that you traveled 87 units up in the y-axis(vertical axis), in line with the point 3 in the x-axis.This number is the y-coordinate, the second number in the ordered pair. </span>
X=9 is the answer for this
