these 2 Questions In 2015, the Wendy's Junior Cheeseburger Deluxe was on the Right Price Right Size
Fantastic news! We've Found the answer you've been seeking!
Question:
these 2 Questions
Transcribed Image Text:
In 2015, the Wendy's Junior Cheeseburger Deluxe was on the "Right Price Right Size" menu and was priced at $18.70. If the CPI in 1979 was 66.91 and the CPI in 2015 was 59.91, what is the price of a 2015 cheeseburger in 1979 dollars? Please provide your answer with two digits after the period. 问题 31 4 0.59 Suppose you put $2.68 in the bank on January 1, 2017. If the average annual nominal interest rate is 1.01 percent and the inflation rate is 3.07 percent, you will be able to buy worth of goods on January 1, 2018, valued at 2017's prices. Please provide your answer with two digits after the period. In 2015, the Wendy's Junior Cheeseburger Deluxe was on the "Right Price Right Size" menu and was priced at $18.70. If the CPI in 1979 was 66.91 and the CPI in 2015 was 59.91, what is the price of a 2015 cheeseburger in 1979 dollars? Please provide your answer with two digits after the period. 问题 31 4 0.59 Suppose you put $2.68 in the bank on January 1, 2017. If the average annual nominal interest rate is 1.01 percent and the inflation rate is 3.07 percent, you will be able to buy worth of goods on January 1, 2018, valued at 2017's prices. Please provide your answer with two digits after the period.
Expert Answer:
Answer rating: 100% (QA)
Question 30 The Consumer Price Index is a measure of the average price ... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
Students also viewed these economics questions
-
These are the kinds of questions to answer about the situation When did the communication take place Where did it take place Who was present during the communication Here you tell a short story...
-
These checklist questions are expected to achieve the internal control purposes as presented in the following list: Is the sales department separate from the credit office and the IT department? ...
-
These questions address stock futures contracts: a. A hypothetical futures contract on a non- dividend- paying stock with current price $ 150 has a maturity of one year. If the T- bill rate is 6...
-
Melissa buys an iPod for $120 and gets consumer surplus of $80. a. What is her willingness to pay? b. If she had bought the iPod on sale for $90, what would her consumer surplus have been? c. If the...
-
Examine the system flowchart for Rocky Mountain Outfitters in Figure. Develop a preliminary development plan based on IPO development order. Which programs are difficult to classify as input,...
-
The 10-turn loop of wire shown in FIGURE P29.71 lies in a horizontal plane, parallel to a uniform horizontal magnetic field, and carries a 2.0 A current. The loop is free to rotate about a...
-
Which account does a merchandiser use that a service company does not use? a. Cost of goods sold b. Inventory C. Sales revenue d. All of the above
-
Rob Davis, Stewart Vintu, and Vern Wilson are liquidating their partnership. Before selling the assets and paying the liabilities, the capital balances are Davis $40,000; Vintu, $24,000; and Wilson,...
-
I need help showing the work for the following questions, the answers have been provided. 1.Total manufacturing-related costs incurred for ABCompany in August for all jobs is as follows: Assuming...
-
You have recently been hired by Keafer Manufacturing to work in its newly established treasury department. Keafer Manufacturing is a small company that produces highly customized cardboard boxes in a...
-
Ivan Knobel holds a well-diversified portfolio that has an expected return of 11.0%, a total value of $90,000, and a beta of 1.20. He is in the process of buying 1,000 shares of Syngine Corp at $10 a...
-
Business Continuity Planning (BCP). A successful company must have one. Using the internet, business magazines, etc., find a company that has one implemented. Explain your company and some guidelines...
-
How has the affordable care act impacted nursing shortage issue? Please give a reference thanks.
-
Identify a company in the USVI that is exposed to derivatives and explain how the company would disclose its exposure?
-
A 1500 kg car skids to a halt on a wet road where k = 0.50. Part A How fast was the car traveling if it leaves 65-m-long skid marks? Express your answer with the appropriate units. View Available...
-
Arbitration, mediation, reference to a third person , an association tribunal, summary jury trial, rent-a-judge, minitrials and judicial triage, are all forms of what is known as?
-
Using the Business Writing with an Edge Business Model Memo from Student Activity 1(a), write a Positive Response to your Routine Inquiry. It should be a three-paragraph response, with an Opening, a...
-
Based on the scenario described below, generate all possible association rules with values for confidence, support (for dependent), and lift. Submit your solutions in a Word document (name it...
-
The shares of Chretien Golf Links Limited sell for $50.00. The firm has a P/E ratio of 20, and 30 percent of earnings are paid out in dividends. What is the dividend yield?
-
The investment dealer of Saskatchewan Cloud Inc. uses a dividend valuation model to appraise the shares of Lambert Aerospace Company. Dividends (D 1 )) at the end of the current year will be $1.20....
-
The Harding Company manufactures skates. The company's income statement for 2014 is as follows: HARDING COMPANY Income Statement Year ended December 31, 2014 Sales ( 10,000 skates at $50)...
-
Show that \(\left(\frac{\partial C_{P}}{\partial P} ight)_{T}=\frac{6 B}{T^{3}}\) for a gas obeying the equation of state \(V=\frac{R T}{P}+A-\frac{B}{T^{2}}\). [Hint: We know that...
-
What are principal coordinates? What is their use?
-
Define these terms: mass coupling, velocity coupling, elastic coupling.
Study smarter with the SolutionInn App