Can u state the problem it is very blurry thx
Consumer Price Index or also most commonly known as CPI is calculated through the equation,
CPI = (price at a certain year / price at base year) x 100
Since, we have chosen 2014 as the base year, the denominator of the fraction will be $86. Calculating the CPI for 2015,
CPI = ($90/$86) x 100
= <em>104.65</em>
<h3>Answer: 7366.96 dollars</h3>
========================================================
Use the compound interest formula:
A = P(1+r/n)^(n*t)
where in this case,
A = 12000 = amount after t years
P = unknown = deposited amount we want to solve for
r = 0.05 = the decimal form of 5% interest
n = 1 = refers to the compounding frequency (annual)
t = 10 = number of years
-------
Plug all these values into the equation, then solve for P
A = P(1+r/n)^(n*t)
12000 = P(1+0.05/1)^(1*10)
12000 = P(1.05)^(10)
12000 = P(1.62889462677744)
12000 = 1.62889462677744P
1.62889462677744P = 12000
P = 12000/1.62889462677744
P = 7366.95904248911
P = 7366.96
Each day his study time is increasing. Find a common denominator, in this case 8
1/4 = 2/8
5/8 = 5/8
1 = 8/8
So he went from
2/8 to 5/8 to 8/8 which is an increase of 3/8 each day. If this pattern continues Thursday would be 11/8 and Friday 14/8.
14/8 = 1 6/8 = 1 3/4 hours
(an hour and 45 minutes)
