Asked by karen
Inflation Exam
1) You are developing a data base for Army tracked combat vehicles and you are normalizing the data base to base year 2014 dollars. What number would you enter into the data base for a vehicle budgeted at $4,725,000 in the FY18 appropriation? (Use the inflation tables at the end of the chapter.)
$4,223,652
$4,546,640
$4,382,039
$4,382,304
1) You are developing a data base for Army tracked combat vehicles and you are normalizing the data base to base year 2014 dollars. What number would you enter into the data base for a vehicle budgeted at $4,725,000 in the FY18 appropriation? (Use the inflation tables at the end of the chapter.)
$4,223,652
$4,546,640
$4,382,039
$4,382,304
Answers
Answered by
bobpursley
FV=4,725,000/(1+i)^4
whatever i rate you have in the tables.
for instance, say i= 2Percent
FV=( )(1.02)^4== 4365169.64
whatever i rate you have in the tables.
for instance, say i= 2Percent
FV=( )(1.02)^4== 4365169.64
Answered by
Rico
$4,223,652
Answered by
Ralph
$4,382.039
Answered by
Watts
Its $4,223,652 I in DAU these guys BoTS
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