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






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
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
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions