The following table shows the gold prices in recent 4 years: Price Price Index Year (USS per ounce) (Base 2018) %3D 2018 1328 I2018 =? 2019 1294 I2019 =? 2020 1562 I2020 =? 2021 1949 I2021 =? (a) Calculate all the simple price indexes by using 2018 as the base year. (b) Calculate the percentage change from 2020 to 2021.

Q: 4.56% represents an average increase in average price per year. a student incorrectly calculated…

A: For the solution of the problem follow the next steps.

Q: (the seasonal index for Quarter 1).  Actual sales in Quarter 1 were 4000 dollars. 1. What is the…

A: We are given: Seasonal Index or the Adjusted sales in Quarter 1=160Actual sales in Quarter 1=4000…

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A: Let P amount is invested for t years with simple interest r%. Then total interest earned in t years=…

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A: We have the given statement as Suppose that the population of a small city grew from 15000 people…

Q: what is the current yield as a precentage?

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Q: Bond X has a coupon of 5.2 percent. Bond Z has a coupon of 9.2 pel cent. Both bonds have 15 years to…

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Q: An investor purchased a portfolio of shares for Taka 356,000. The value of the portfolio rose by 56%…

A: Let, A = final amount P = 356000=initial principal amount r= rate of interest n= number of times…

Q: A loan of $1,070 was repaid at the end of 18 months with a check for $1,095 What annual rate of…

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Q: If pricrs increase at a month rate of 1.9% by what % do they inctease in a year

A: Let the cost of the item be 100. The increased price in a month is calculated as follows.…

Q: If an asset declines in value from $5,000 to $2,600 over nine years, what is the mean annual growth…

A: Initial value = 5000 Final Value = 2600 Number of years = n = 9

Q: Show how 4.56% is in fact determined for a 22% increase over 5 years and then calculate the average…

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Q: The process of discounting and compounding are related. Explain this relationship.

A: The process of discounting and compounding are related to each other.

Q: Approximately, what is the value of (P) if A=680, n=26 years, and i= 25% per year? Select one: Oa…

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Q: A piece of equipment costa certain factory $600,000 .If it depreciates in value , 15% the first 13.5…

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Q: The table below reports the annual stock price in September for Apple from 2005 to 2014. Develop a…

A: Index number are used to measure the increase in price over a period of time. It is broadly…

Q: The population of a country has been increasing for several decades. In 1990, the population was…

A: The percentage change in a quantity is given by the equation; % change=changeinitial value ·100

Q: How much interest is earned at 2 1/2% if an amount of P10,500 was invested on October 3, 2021 and…

A: Solution

Q: See attached image. I know this is using Pe^rt.

A: Continuous compounding is a concept in finance that refers to interest being earned and reinvested…

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

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Q: What effective rate of interest per quarter year is equivalent to 12% per two years effective?

A: Given that The rate of interest is 12% per annum. Time is Quarterly Here we use the concept Let x be…

Q: Show that 25% is equivalent to 5 successive increases of 4.56% per year.

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Q: Compute the specified quantity. A 4 year bond costs $2,000 and will pay a total of $150 interest…

A: We have: P=Principle amount=$2000r=interest rateI=Interest=$150t=time=4 years

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A: The concept of successive percentage change deals with two or more percentage change applied to…

Q: Question 3 Wasim has forgotten the rate of simple interest he earned on a five-month term deposit at…

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Q: Raul inherited $6,600.00 from his grandmother. He wants to use the money to take his family on a…

A: Formula : Simple interest = I = PRT/100 Amount = P + I

Q: 3. a) Determine the simple interest earned for $600 invested at 3.75% annual simple interest for 95…

A: Simple interest = PRT/100