Problems 69 – 72 require the following discussion. The consumer price index(CPI) indicates the relative change in the price over time for a fixed basket of goods and services. It is a cost of living index that helps measure the effect of inflation on the cost of goods and services. The CPI uses the base period 1982-84 for comparison (the CPI for this period is 100). The CPI for March 2017 was $243.80. This means that $100 in the period 1982-84 has the same purchasing power as $243.80 in March 2017. In general, if the rate of inflation averages r percent per annum over n years, then CPI index after n years is C P I = C P I 0 ( 1 + r 100 ) n Where, CPI 0 is the CPI index at the beginning of the n- year period Consumer Price Index If the current CPI is 234.2 and the average annual inflation rate is 2.8%, what will be the CPI in 5 years.
Problems 69 – 72 require the following discussion. The consumer price index(CPI) indicates the relative change in the price over time for a fixed basket of goods and services. It is a cost of living index that helps measure the effect of inflation on the cost of goods and services. The CPI uses the base period 1982-84 for comparison (the CPI for this period is 100). The CPI for March 2017 was $243.80. This means that $100 in the period 1982-84 has the same purchasing power as $243.80 in March 2017. In general, if the rate of inflation averages r percent per annum over n years, then CPI index after n years is C P I = C P I 0 ( 1 + r 100 ) n Where, CPI 0 is the CPI index at the beginning of the n- year period Consumer Price Index If the current CPI is 234.2 and the average annual inflation rate is 2.8%, what will be the CPI in 5 years.
Solution Summary: The author explains the formula used to calculate the CPI in 5 years.
Problems 69 – 72 require the following discussion. The consumer price index(CPI) indicates the relative change in the price over time for a fixed basket of goods and services. It is a cost of living index that helps measure the effect of inflation on the cost of goods and services. The CPI uses the base period 1982-84 for comparison (the CPI for this period is 100). The CPI for March 2017 was $243.80. This means that $100 in the period 1982-84 has the same purchasing power as $243.80 in March 2017. In general, if the rate of inflation averages r percent per annum over n years, then CPI index after n years is
C
P
I
=
C
P
I
0
(
1
+
r
100
)
n
Where, CPI0 is the CPI index at the beginning of the n-year period
Consumer Price Index If the current CPI is 234.2 and the average annual inflation rate is 2.8%, what will be the CPI in 5 years.
Use the information to find and compare Δy and dy. (Round your answers to four decimal places.)
y = x4 + 7 x = −3 Δx = dx = 0.01
Δy =
dy =
4. A car travels in a straight line for one hour. Its velocity, v, in miles per hour at six minute intervals is shown
in the table. For each problem, approximate the distance the car traveled (in miles) using the given method,
on the provided interval, and with the given number of rectangles or trapezoids, n.
Time (min) 0 6 12 18|24|30|36|42|48|54|60
Speed (mph) 0 10 20 40 60 50 40 30 40 40 65
a.) Left Rectangles, [0, 30] n=5
b.) Right Rectangles, [24, 42] n=3
c.) Midpoint Rectangles, [24, 60] n=3
d.) Trapezoids, [0, 24] n=4
The bracket BCD is hinged at C and attached to a control cable at B. Let F₁ = 275 N and F2 = 275 N.
F1
B
a=0.18 m
C
A
0.4 m
-0.4 m-
0.24 m
Determine the reaction at C.
The reaction at C
N Z
F2
D
Chapter 4 Solutions
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