The index of 1992 is 100. It rises by 5% in 1993, falls 2% in 1994, rises 40% in 1995, rises 10% in 1996, falls 3% in 1997 and rises 8% in 1998. Find out the indices for the 7 years assuming that all the increases and decreases are the percentages of the respective preceding years. Also recast the indices shifting the base to 1996.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
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ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
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Chapter9: Solving Quadratic Functions
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The index of 1992 is 100. It rises by 5% in 1993, falls 2% in 1994, rises 40%
in 1995, rises 10% in 1996, falls 3% in 1997 and rises 8% in 1998. Find out the
indices for the 7 years assuming that all the increases and decreases are the
percentages of the respective preceding years. Also recast the indices shifting
the base to 1996.
CS Scanned with CamScanner
Transcribed Image Text:The index of 1992 is 100. It rises by 5% in 1993, falls 2% in 1994, rises 40% in 1995, rises 10% in 1996, falls 3% in 1997 and rises 8% in 1998. Find out the indices for the 7 years assuming that all the increases and decreases are the percentages of the respective preceding years. Also recast the indices shifting the base to 1996. CS Scanned with CamScanner
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