Answer:
- <em><u>The CPI for the current year is 104.49 </u></em>
<em><u /></em>
Explanation:
A) Expenditure breakdown of the base year:
You must check that they add 100%
- Food and beverages: 17.8%
- Other goods, and services: 5.8%
Total: 17.8 + 42.8 + 6.3 + 17.2 + 5.7 + 4.4 + 5.8 = 100
Thus, the CPI of the base year is 100.
<u>B. Expenditure breakdown of the current year.</u>
Calculate the changes by adding the percent of increase to each item tha has changed.
1. <u>The prices of food and beverages have increased by 10 percent</u>:
2.<u> The price of housing has increased by 5 percent</u>:
3. <u>The price of medical care has increased by 10 percent</u>:
The other prices are unchanged.
Then, the new breakdown is:
- Food and beverages: 19.58%
- Other goods, and services: 5.8%
Of course the new total is not 100%.
- 19.58 + 44.94 + 6.3 + 17.2 + 6.27 + 4.4 + 5.8 = 104.49
That means that the price of the total basket of products has increased from 100 to 104.49.
Thus, <u>the CPI of the current year is 104.49 ← answer</u>
<span>$41
Given a discount rate, the present value (PV) of money you expect to receive in the future (FV) at a specified interest rate (R) for a specified number of periods (N) is
PV = FV/(1+R)^N
So let's plug in the known values and solve.
PV = 45/(1+0.10)^1
PV = 45/(1.10)^1
PV = 45/1.10
PV = 40.90909091
Rounding to the nearest dollar gives $41</span>
My balance had to go up $30, since my current balance was $15,300 and the interest rate of 18% or 1.5% per month when I payed $200 this month.
Answer:
The answer is A) perceivers
Explanation:
it resides in the perceivers and not in the out side world. This could mainly be due to their different upbringing, social status, education level, religious and cultural factors they have been exposed to and their past experiences.
Answer:
34.04%
Explanation:
Data provided :
Total sales of the Springfield Club = $ 920,000
The net operating income of the company = $ 34,040
The average operating assets of the company = $ 100,000
now,
The return on investment will be calculated as:
Return on investment (ROI)= 
on substituting the values, we get
ROI = 
or
ROI = 34.04%
