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4. The inflation is estimated at 8 % a year. An item that was priced at 12,99 in the end of 2021 is now priced at 13,59 euros. How much more or less is the price change of this item compared to the inflation rate? Note that we are not yet at the very end of the year. 5. At a boardroom meeting the sales manager is happy to announce that sales have risen from $850 000 to $1 750 000 at a rate of 4.931998 % per year. How many years did it take for the sales to reach $1 750 000?

4. The inflation is estimated at 8 % a year. An item that was priced at 12,99 in the end of 2021 is now priced at 13,59 euros. How much more or less is the price change of this item compared to the inflation rate? Note that we are not yet at the very end of the year. 5. At a boardroom meeting the sales manager is happy to announce that sales have risen from $850 000 to $1 750 000 at a rate of 4.931998 % per year. How many years did it take for the sales to reach $1 750 000?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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4. The inflation is estimated at 8 % a year. An item that was priced at 12,99 in the end of 2021 is now priced at 13,59 euros. How much more or less is the price change of this item compared to the inflation rate? Note that we are not yet at the very end of the year. 5. At a boardroom meeting, the sales manager is happy to announce that sales have risen from $850 000 to $1 750 000 at a rate of 4.931998 % per year. How many years did it take for the sales to reach $1 750 000? = O
Transcribed Image Text:4. The inflation is estimated at 8 % a year. An item that was priced at 12,99 in the end of 2021 is now priced at 13,59 euros. How much more or less is the price change of this item compared to the inflation rate? Note that we are not yet at the very end of the year. 5. At a boardroom meeting, the sales manager is happy to announce that sales have risen from $850 000 to $1 750 000 at a rate of 4.931998 % per year. How many years did it take for the sales to reach $1 750 000? = O
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