The following table housing index from 2010 until 2015. 2010 2011 2012 2013 2014 2015 100.0 103.6 104.8 127.3 128.6 154.5 Calculate the inflation rate from 2012 to 2014 and give the your answer in terms in percentage. (1 d.p.)

Q: At an annual effective rate of interest i = 4%, find the PV of a perpetuity- immediate with annual…

A:

Q: Midsize cars depreciate (lose value) at a rate of 8.5% per year. a.If someone paid $14,100 for a…

A: Let us denote x=time , y=value Given that, initial amount= $14100, decay rate= 1 - 0.085=0.915 So…

Q: Using this table, calculate the rate of inflation from December of one year to December one year…

A: Rate of inflation for a given month is given by the formula: Rate of Inflation=CPI of given…

Q: (x+4)² inx-2) 9 3 Express In in terms of In x, In (x+4) and In (x-2). 5, Select one: 2 1 9 In x -In…

A:

Q: Assume the annual inflation rate will average 2.4% per year over the next 15 years. If a weeks…

A:

Q: E-Loan, an online lending service, recently offered 48-month auto loans at 4.8% compounded monthly…

A:

Q: Use the given information to find the number of degrees of freedom, the critical values x and x, and…

A: We have to find degree of freedom

Q: The price of an item in 2004 was 1.3 dollars. Use an inflation rate of 4% to calculate its price in…

A: Given Price of an item in 2004 = $1.3 Inflation rate = 4%

Q: Complete the following using present value. (Use the Table provided.) (Do not round intermediate…

A:

Q: Find the present value for the amount given in the table. Nominal Rate 4.8% Amount $4639.28…

A: We have to find the present value using given data.

Q: You are financing a car worth $60822.52 with tax included. Interest rates are 4.9% compounded daily.…

A: In this problem, we will be calculating the cost per kilometer per year for a car that is financed…

Q: Assume you take out a $2000 loan for 30 months at 9% APR. How much of the first month's payment is…

A: Formula: I=Prt where I= Final amount P=Initial balance r= rate of interest t= time in years

Q: Calculate the present value (principal) and the compound interest (in $). Use Table 11-2. Round your…

A:

Q: The price of an item in 2004 was 1.3 dollar. Use an inflation rate of 4 percent to calculate its…

A: Given, Price of an item in 2004 = 1.3 dollar Annual inflation rate = 4% Number of years = n = 26

Q: Question 6 < A payday loan company charges a $30 fee for a $500 payday loan that will be repaid in…

A: The total loan amount P=$500 The charge amount for the 13 days is  c=$30

Q: In 1988 hospitals spent 3.9 billion on computer systems. In 2001 this amount increased to $14.0…

A: Value at start of period = 3.9 billion Value at end of period = 14 billion n = 2001-1988 =13

Q: Calculate the present value of $100 in 3 years. Assume 7.2% interest rate with continuous…

A:

Q: A bank pays 1.0% interest on savings account seven times a year. Find the effective annual interest…

A: According to the question we need to calculate the EAR, it will be calculated by the formula above,…

Q: Use the appropriate account after the stated period of time to compute the balance in the $6,000 is…

A:

Q: Calculate the purchasing power of $80,000 in 15 years using an annual inflation rate of 6%. Round…

A:

Q: E-Loan, an online lending service, recently offered 48-month auto loans at 3.6% compounded monthly…

A:

Q: Q4. a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial…

A: