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.
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
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter9: Solving Quadratic Functions
Section: Chapter Questions
Problem 4CA
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