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Determine the index number for 2011 and 2016 for the value of a car using 2005 as the base year. Year 2005 2011 2016 Value of Car $28,000 $32,000 $36,000 a. What was the index number for 2011?

Determine the index number for 2011 and 2016 for the value of a car using 2005 as the base year. Year 2005 2011 2016 Value of Car $28,000 $32,000 $36,000 a. What was the index number for 2011?

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Determine the index number for 2011 and 2016 for the value of a car using 2005 as the base year. Year 2005 2011 2016 Value of Car $28,000 $32,000 $36,000 a. What was the index number for 2011? Round to two decimal places b. What was the index number for 2016? Round to two decimal places SAVE PROGRESS 9°C hp 12 f10 f11 fg %23
Transcribed Image Text:Determine the index number for 2011 and 2016 for the value of a car using 2005 as the base year. Year 2005 2011 2016 Value of Car $28,000 $32,000 $36,000 a. What was the index number for 2011? Round to two decimal places b. What was the index number for 2016? Round to two decimal places SAVE PROGRESS 9°C hp 12 f10 f11 fg %23
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