Question

For three consecutive years the cost of gasoline increased by 8%, 15%, and 20%, respectively. What was the overall percentage increase of the cost of gasoline during the three-year period?

Answer #1

For three consecutive years, the cost of gasoline increased by
9 9%, 14 14%, and 20 20%, respectively. What was the overall
percentage increase of the cost of gasoline during the three-year
period?
The overall percentage increase of the cost of gasoline during
the three-year period was__________

Summer's here. So are higher gas prices
The price of gasoline increased 15 percent in the past three
weeks, mainly because of refinery shutdowns in the United States.
As motorists increase their driving in the coming months, the
price is predicted to rise further.
CNN Money, May 21, 2009
Explain why the price rose in the past three weeks and why it
is expected to rise in the coming months.
When refineries shut down, ______ and the price of a...

1. Your stock investments return 8%, 12%, and -4% in consecutive
years. What is the variance?
A)0.0069
B)0.0096
D)0.0036
D)0.0049
E)0.0089
2. What would be the standard deviation of the returns 8%, 12%,
and -4% in consecutive years?
A) 4.33%
B) 5.35%
C) 6.33%
D) 3.65%
E) 8.31%

Three goods are
consumed in an economy during years 1 and 2. The table shows prices
(P1 and P2) for each good, and it shows the market basket that is
used to calculate the consumer price index. The base year is year
1.
Good
P1
P2
Basket
Milk
(gallons)
$4
$4.20
10
Beef
(pounds)
$2
$2.20
20
Carrots
(bags)
$3
$3.60
5
Enter numbers
in each blank, rounded to two decimal places as necessary. Do not
enter commas or percent...

What lump sum deposited today at 8 ?% compounded quarterly for
15 years will yield the same final amount as deposits of ?$6000 at
the end of each? 6-month period for 15 years at 8 ?% compounded?
semiannually?
The value of the lump sum is?

Several years ago, a pond had 200
perch and increased by 20 fish that year. This year, the pond has
600 fish and it did not exhibit a net increase in number at all.
Assuming that the population of fish is growing according to the
logistic growth model, please answer the following questions.
a) What is
carrying capacity of the population?
b) What is the
intrinsic rate of increase?
c) What is the
maximum sustainable harvest of perch from this...

Company C’s cost of equity and cost of debt are 12 and 8
percent, respectively. The current tax rate is 40 percent. Company
C has a debt-to-equity ratio of 50 percent. What is Company C’s
weighted average cost of capital? How would it change if the
company plans to reduce its debt-to-equity ratio to 40%, increase
to 60%?

Would you rather receive: $15,000
in three years, $1,000 per year for 20 years or $2000 per year for
15 years if the discount rate is 20%?
why

. You are preparing a benefit cost analysis for a new highway.
The traffic volume in year 1 is expected to be 500,000
vehicle-trips. The road will save 15 minutes for each vehicle trip.
Motorists value their travel time at $15.00 per hour. Traffic
volume will increase by 2% per year. With the improved travel speed
there is a disbenefit to motorists in increased gasoline
consumption. Assume that the disbenefit value is $100,000 per year
in year 1 and that...

You invest $120 in a mutual fund that grows 15 percent
annually for three years. Then the fund experiences an
exceptionally bad year and declines by 30 percent. After the bad
year, the fund resumes its 15 percent annual return for the next
three years.
a. What is the average percentage change for the seven
years?
b. If you liquidate the fund after nine years, how much
do you receive?
c. What is the annualized return on this investment
using...

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