The consumer price index is 114 this year and last year it was 106,29. If a price of a product was 4,99 euros last year, what is the difference to this year's price if it has developed ccording to the index? 2 A person has physical to liquid assets in a ratio of 2:8. His total physical assets are worth 17 000 euros. He has cash to other liquid assets according to a ratio of 1:9. How much are his other than cash liquid assets? 3. An investor invested 2 200 euros in an index fund according to the OMX 25 Helsinki index on March 28th 2021. The index has developed from 2905,76 to 5188.54. How much is the value of the investment now? At the same time, the consumer price index has climbed from 103,2 to 115,4 What is the inflation-adjusted return on the investment? 4. A student has bought a phone plan with a fixed monthly fee of 24,99 euros. She decides to cut this plan after 13 months and 23 days. The month for cutting it is May (31 days) How much will she pay for this for the entire period of having it? SA student has landed at the airport in Finland and has 6 500 Thai bahts on hand, which she needs to exchange for euros. The exchange rate is 0,027 euros for a baht. The exchange at the airport charges 5 % commission and a flat fee of 3 euros. How much will she receive in euros?
The consumer price index is 114 this year and last year it was 106,29. If a price of a product was 4,99 euros last year, what is the difference to this year's price if it has developed ccording to the index? 2 A person has physical to liquid assets in a ratio of 2:8. His total physical assets are worth 17 000 euros. He has cash to other liquid assets according to a ratio of 1:9. How much are his other than cash liquid assets? 3. An investor invested 2 200 euros in an index fund according to the OMX 25 Helsinki index on March 28th 2021. The index has developed from 2905,76 to 5188.54. How much is the value of the investment now? At the same time, the consumer price index has climbed from 103,2 to 115,4 What is the inflation-adjusted return on the investment? 4. A student has bought a phone plan with a fixed monthly fee of 24,99 euros. She decides to cut this plan after 13 months and 23 days. The month for cutting it is May (31 days) How much will she pay for this for the entire period of having it? SA student has landed at the airport in Finland and has 6 500 Thai bahts on hand, which she needs to exchange for euros. The exchange rate is 0,027 euros for a baht. The exchange at the airport charges 5 % commission and a flat fee of 3 euros. How much will she receive in euros?
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:1. The consumer price index is 114 this year and last year it was 106,29. If a price of a product was 4,99 euros last year, what is the difference to this year's price if it has developed
according to the index?
2. A person has physical to liquid assets in a ratio of 2:8. His total physical assets are worth 17 000 euros. He has cash to other liquid assets according to a ratio of 1:9. How much are his
other than cash liquid assets?
3. An investor invested 2 200 euros in an index fund according to the OMX 25 Helsinki index on March 28th 2021. The index has developed from 2905,76 to 5188.54. How much is the
value of the investment now? At the same time, the consumer price index has climbed from 103,2 to 115,4. What is the inflation-adjusted return on the investment?
4. A student has bought a phone plan with a fixed monthly fee of 24,99 euros. She decides to cut this plan after 13 months and 23 days. The month for cutting it is May (31 days) How
much will she pay for this for the entire period of having it?
5. A student has landed at the airport in Finland and has 6 500 Thai bahts on hand, which she needs to exchange for euros. The exchange rate is 0,027 euros for a baht. The exchange
shop at the airport charges 5 % commission and a flat fee of 3 euros. How much will she receive in euros?
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