4.56% represents an average increase in average price per year. a student incorrectly calculated this average using 25%/5years=5% per year. Show this answer is not correct by calculating 5 successive 5% increases. What is 5 the year percent change using the 5% per year?

Q: A boat is worth $7,000 when it is 5 years old and $2,000 when it is 10 years old. What is the rate…

A: Here the boat worth at 5 year is = $7000                 boat worth at 10 year is = $2000 So the…

Q: According to a certain central bank from 2000 to 2016 the average price of a new home in a certain…

A: It is given that, the average price of a new home in a certain region increased by 79% to $483…

Q: Using a cutoff of 0.05, is it unusual for an asthma patient to be 85 years old or older?

A: It is given that Total = 409743 Number of asthma patient 85 and up = 16768

Q: If the price of gas was on average $2.10 per gallon, and this was $1.21 cheaper than a year before,…

A: Decrease in price is given by,

Q: 4) Predict the acres per fire for a fire occurring in 2025. Is this a reliable prediction? Why or…

A: Note: Hey there! Thank you for the question. As you have particularly mentioned that you need help…

Q: s. What is Bill Johnson's monthly electricity consumption?

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Q: About what percent of the products last between 12 and 15 days?

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Q: 3) Find the internal rate of return to the nearest per cent.

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Q: 3. The population of the Philippines doubled from 1967 to 1997. Assuming the rate of population…

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Q: (b) The number of divorces per 1000 marriages in a big city in Europe incrcased from 96 in 1960 to…

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Q: The following table shows data about heart attack deaths in a certain town over one year.…

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Q: What is the no. of conversion per year (m) for a quarterly basis?

A: We know that a year contains 12 months in total

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Q: what is the general trend for total accident cost per man-hour?

A: The trend of the total accident cost per man-hour is positive.

Q: 1 A company employed 300 workers when it started and now employs 852 workers. (a) Calculate the…

A: Initial number of workers is 300 Workers at present is 852   Now, precentage…

Q: 3. An animal population is increasing at a rate of 13 +51t per year (wheret is measured in years).…

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Q: A town that had 3500 people at the beginning of the year 2000 has been decreasing by 3.8% per year.…

A: Hi, thank you for the question. Since you have posted a question with multiple subparts, as per our…

Q: What is the unemployment rate?

A: Unemployment rate=(No: of unemployed people/ Total population) *100 =(1.5/60)*100 =2.5%

Q: Suppose that you have $15,000 in a rather risky investment recommended by your financial advisor.…

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Q: What is the formula for percentage increase?

A: The formula to find the percentage increase is,

Q: 8. A machine depreciates by 40% in the first year, by 25% in the second year and by 10% per annum…

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Q: The shelf life of a particular dairy product is normally distributed with a μ of 12 days and a σ of…

A: Given,μ=12σ=3P(X≥15)=?

Q: Show how 4.56% is in fact determined for a 22% increase over 5 years and then calculate the average…

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Q: 6. Use the information from Exercise 5 to determine the percent of net change from April 21 to April…

A: April 22 stock closing price: Delta Airlines: 48.02 (-1.18) Verizon: 51.19 (+0.04)   April 21 stock…

Q: After gathering census data, the state government estimates that, starting from the present, the…

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Q: The manager decides to use a three month moving average. What is the turnover forecast for month 6?

A: The simple moving average formula is, Simple Moving Average=A1+A2+⋯+Ann The turnover forecast for…

Q: The cost of goods sold at a restaurant is $5,620 for a week.  The labor cost at the restaurant is…

A: Given that cost of goods sold at a restaurant is $5620 for a week. the labor cost at the restaurant…

Q: Use r=-0.00012097 A papyrus scroll from ancient Egypt was written 4,800 years ago. To the nearest…

A: Given r=-0.00012097 (a) Given that the age of papyrus scroll is t=4800 years. Thus, the equation is…

Q: A certain currency devaluates by 3 percent per year. If the initial amount is 100 units, then what…

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Q: The average price of tuition and fees at public 4-year colleges and universities increased from…

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Q: of

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Q: A teller's hourly wage for various years is represented in the table below. Year Hourly Wage 2015…

A: The percentage change is calculated by New Value-Old ValueOld Value. Newly Hourly Wages = $27.60 Old…

Q: Show that 25% is equivalent to 5 successive increases of 4.56% per year.

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Q: The following chart shows the number of divorces in Parke County, Indiana, for the years 1996- 2000.…

A: This is a data interpretation problem

Q: Calculate the missing information for the stock. (Round current yield to the nearest tenth of a…

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Q: Example 8: Calculate the following ratios: Gross profit ratio Current ratio Proprietary ratio

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Q: If Smith Corporation has $19,900.00 worth of inventories in 2018 and $24,700.00 in 2019, what is the…

A: Given,          Smith Corporation has $19900.00 worth of inventories in 2018 and $24700.00…

Q: A company first six month of a certain year made 30% profit, and last six months lost 30%. What…

A: *to find:- percentage of profit/loss.

Q: What is the percentage increase if the S&P 500 Index is currently trading at 1,100 and rises 55…

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Q: QUESTION 6 Katie owns a home valued at $129,900 in Syracuse, NY In 2017. Katie paid $2,254 in school…

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Q: Worried about going over her storage limit, Wendy monitored the number of undeleted voicemail…

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Q: value of a company is $27 million. If the value of the company six years ago was $10 million, what…

A: Let the company annual growth is r% Current value (A)  = $27 million Previous value (P) = $10…

Q: 11. On February 26, Berkshire Hathaway closed at $197,690 per share. One year earlier, one share…

A: New share price of Berkshire Hathaway is, New Price = $197,690 Old share price of Berkshire Hathaway…

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A: Given Current supply of calculator is 170.

Q: Suppose that an actuary for an insurance company found that the life expectancy of people (living in…

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Q: The following data for economic growth and interest rate per year are given:

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Q: Suppose that you have $9,000 in a rather risky investment recommended by your financial advisor.…

A: Given that you have $9,000 in a rather risky investment recommended by your financial advisor.…

Q: Suppose that you have $13,000 in a rather risky investment recommended by your financial advisor.…

A: Topic:- algebra

Q: 1. What percentage of batteries fail within the first 1541 hours of operation? 2. What percentage of…

A: Arrange the given data in an increasing order as shown below: 14 349 582 1278 2574 35 373 602…

Q: On a recent Washington to London flight with 300 passengers, it was found that 100 passengers were…

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