Reference no: EM13730331
1- As reported by the Bureau of Labor Statistics, the CPI for Airfare in 2263 was 583.9 (using a base year of 1914 = 100). The CPI for Airfare in 2264 was 615.8. Based on this data, what was the inflation rate of airfare from 2263 to 2264?
Enter your answer in decimal format, 4 decimal places.
2-the bank is paying 5.3% compounded annually. The inflation is expected to be 14.29% per year.
What is the inflation rate?
3 The bank is paying 7.8% compounded annually. The inflation is expected to be 13.38% per year.
What is the market interest rate?
Enter your answer as percentage, without the % sign.
For example, if 12.34%, enter: 12.34
4-An economist has predicted 8.8% inflation during the next 13 years. How much will an item that presently sells for $18 bring 13 years later?
5-The bank is paying 34.08% compounded annually. The inflation is expected to be 16.32% per year.
What is the inflation free interest rate?
6- A series of five constant-dollar (or real-dollar) uniform payment of $1,739.36 is made begining at the end of first year. Assume that the general inflation rate is 12.54% and the market interest rate is 12.54% during this inflationary period.
The equivalent present worth of the series is:
Enter your answer as percentage, without the % sign.
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What was the inflation rate of airfare
: As reported by the Bureau of Labor Statistics, the CPI for Airfare in 2263 was 583.9 (using a base year of 1914 = 100). The CPI for Airfare in 2264 was 615.8. Based on this data, what was the inflation rate of airfare from 2263 to 2264?
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