Determine most recent report of the annual inflation rate

Reference no: EM13204249

Find the most recent report of the annual inflation rate of a country of your choice as well as the type of currency used in that country. The equation S=C(1+r/100)^6 to find the inflated cost S, in 6 years, of an item, good or service, where C is the current price of that item in that country's currency and where the inflation rate is r%. Choose any value of C, the current price of an item in that country's currency, that you would like.

Include in your post the country, the inflation rate, the type of currency, a value of C of your choice, and the calculations needed to find the approximated inflated cost of C after 6 years.

Reference no: EM13204249

Questions Cloud

Depict a linear equation to estimate the weight of a person : Write a linear equation to estimate the weight of a person of any height. Estimate the weight of a person that is 72 inches tall

Compute the private-public and national savings : Find the new equilibrium interest rate (r). Graph the answers to b) and e) above and briefly explain the graph. Be sure to label the axes , curves, equilibrium interest rates, equilibrium levels of private investment, and national savings.

Explain the two ways to find the perimeter of the rectangle : Describe the two ways to find the perimeter of the rectangle shown below using the information above, write a summary. make sure your summary includes:

What is the present worth of the contract through treatment : If the material costs were $140,000 per quarter and the service charges were calculated as 20% of the material costs, what is the present worth of the contract through the 3 year treatment period at an interest rate of 1% per month

Determine most recent report of the annual inflation rate : Find the most recent report of the annual inflation rate of a country of your choice as well as the type of currency used in that country. The equation S=C(1+r/100)^6 to find the inflated cost S, in 6 years, of an item, good or service

What is the price that the monopolist will charge : Consider a monopoly where the market demand is given by P = 170-2.5Q. The monopoly is facing the following costs: MC = 20, and TC = 20Q + 1,250. a) What is the marginal revenue of the monopolist What is the condition for profit maximization in mono..

The wilcoxon signed-rank test to find the critical value : Thirty days later, after regular training supplemented by vitamin E, they are tested again. The new results are listed below. Use the Wilcoxon signed-rank test to find the critical value to test the claim that the vitamin E supplement

What is the future value in 40 years of the income : According to U.S. Census Bureau data (2004), average monthly income for a person with a degree in engineering was $5296 versus $3443 for a degree in liberal arts. What is the future value in 40 years of the income difference at an interest rate of..

Explain how fast will the top of the ladder be moving away : a 17-ft ladder is leaning against a wall. If the bottom of the ladder is pulled alone the ground away from the wall at a constant rate of 5ft/sec, how fast will the top of the ladder be moving away

User Account

All Pages