14.The rise in prices of a certain commodity was 5% in 1954, 8%in 1955 and 77% in 1956. It is said that the average price rise between1954-56 was 26% and not 30%. Justify the statement and show how youwould explain it to a layman.

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Answered: 14. The rise in prices of a certain…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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in to Clever https://media.aese.. Question 8/10 > NEXT A BOOKMARK V CHECK ANSWER 8 A $250 gaming system is discounted by 25%. It was then discounted another 10% because the box was opened by a customer. a. The sale price of the gaming system is $ b. After both discounts are taken, the total percent discount is %.
7. In 2011 there were about $3.5 billion in sales of organic goods in America. In 2016 this increased to $7.8 billion. Which of the following correctly describe the change... Pick all that apply. a. 123 % increase b. growth of $4.3 billion c. 223 % increase d. 23 % increase e. change of $4.3
4. A computer system de preciates at an average rate of 4% per month. If the value of the computer system was originally $1200, in how many months will it be valued at $750?
These two are one question
How should be the process to follow on this question, please? You buy 2,300 pens at the beginning of the school year. You estimate that 20% of them will have to be put on your "discount plate" at the end of the term on which everything is priced at $1. Generally, about 32% of the "discount plate" items will be damaged or broken and will have to be thrown away. The pens cost you $1.27 per pen and you want an average markup of 37% based on selling price. At what price must they start selling the pens?
“A new proposal has sales tax rates dropping from 3% to 1%, a drop of only 2%.” Absolute changeRelative change
7.) Your 401K saving account was worth $5,500. During the first year it was invested it lost 8%. During the second year, it gained 10%. What was the value of your 401K after the first 2 years?
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14. The rise in prices of a certain commodity was 5% in 1954, 8% in 1955 and 77% in 1956. It is said that the average price rise between 1954-56 was 26% and not 30%. Justify the statement and show how you would explain it to a layman.