Save Homework: Ch 7 Crunch the Numbers Exercise 1 eme Score: 0.4 of 1 pt 1 of 1 (1 complete) W CTN 7.1 HW Score: 40%, 0.4 of 1 pt Question Help 2014 2015 2016 2017 244.34 244.52 244.95 245.46 245 86 243.83 244 27 244.95 245.16 245.95 246.99 246.53 247.02 247 84 248.43 253.02 253.10 252.71 253.08 252.91 246.18 246.48 246.43 246.45 246.44 246.04 245 27 246.61 246.99 246.98 246.46 246.76 247.07 246.82 249.07 249.05 249.56 250.01 250.66 251.08 251.78 25303 The percent change in the cost of goods and services between December 2016 and June 2017 is 50% (Round your answers to the nearest hundredths place.) (a) The percent change might you expect the average cost of goods and services over the second 6-month period of 2017 is 47% (Round your answers to the nearest hundredths place) Hint First, calculate the percentage cost change for the period July through December for each of the previous years 2012 through 2016. Second, take the average of these five figures. This calculation gives us the average percent cost change. Estimates based on multiple years gives us a more stable picture of percent cost changes (b) The estimated average salary for December 31, 2017 is $ 50240.00 (Round your answers to the nearest hundredths place) 0 Enter your answer in the edit hields and then click Check Answer Clear A All parts showing OK Save Homework: Ch 7 Crunch the Numbers Exercise 1 geme Score: 0.4 of 1 pt 101 CTN 7.1 1 of 1 (1 complete) HW Score: 40%, 0.4 of 1 pt Question Help changes (b) The estimated average salary for December 31, 2017 is $ 50240 00 (Round your answers to the nearest hundredths place.) Hintf(initial average salary average percent cost change) + initial average salary) (a) The percent change might you expect the average cost of goods and services change between January 1, 2018 and December 31, 2018 is % (Round your answers to the nearest hundredths place) Hint. First, calculate the percent cost change for the period January through December for each of the previous years: 2012 through 2016. Second, take the average of these five figures to calculate the average percent cost change (b) The estimated average salary for December 31, 2018 is $ (Round your answers to the nearest hundredths place) Hint Decembar 2017 avarane salary averan narCantana rost channel Derembar 2017 avarana salary! Enter your answer in the edit fields and then click Check Answer Clear All All parts showing OK o mos Save Homework: Ch 7 Crunch the Numbers Exercise 1 geme Score: 0.4 of 1 pt