Your investments increased in value by 11.6 percent last year, but your purchasing power increased by only
Question:
Your investments increased in value by 11.6 percent last year, but your purchasing power increased by only 7.6 percent. What was the approximate inflation rate?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
11...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Question Posted:
Students also viewed these Business questions
-
Based on the information in E8- 4, prepare a statement of changes in fiduciary fund net position and a statement of fiduciary fund net position for Seggen County for its fiscal year ending December...
-
Ethan Jones is an investment broker. Recently he contacted potential investors and offered to sell them bonds that were paying an 8% annual rate of interest. He noted that the bonds were paying a...
-
The following information related to ExxonMobils inventories is taken from the companys 2009 annual report. You are to use this information in answering the questions that follow. Inventories. Crude...
-
Prove the following statement: If a transformer having a series impedance Ze is connected as an autotransformer, its per-unit series impedance Z as an autotransformer will be SE Zoq NSE + NC Note...
-
Calculate the force of gravity a newborn baby (mass 3.0 kg) and the planet Mars (mass 6.4 10 23 kg) exert on each other when Mars is at its closest to Earth (distance 5.6 10 10 m).
-
The force on an object, acting along the x axis, varies as shown in Fig. 6-37. Determine the work done by this force to move the object (a) From x = 0.0 to x = 10.00m, and (b) From x = 0.0 to x =...
-
IPW, Inc., began operations on January 1, 2010. The seven transactions recorded during January by the company accountant, are shown in the following T-accounts: Complete the following table. For each...
-
Stewart Construction Corporation had a net income of $16,500 during 2014. In that year, the company had depreciation expense of $7,000. Accounts Receivable increased by $5,500 and Accounts Payable...
-
1. Market anomalies refer to certain stock/firm characteristics that have predictive power for the cross-sectional stock returns and such predictability cannot be explained by the risk factors. a)...
-
Lillian purchased a guitar from Smash Music Stores. It regularly sold for $670, but was on sale at 10% off. She paid 8% tax. She bought it on the installment plan and paid 15% of the total cost with...
-
What is the price of a U.S. Treasury bill with 56 days to maturity quoted at a discount yield of 1.15 percent? Assume a $1 million face value.
-
Why do you suppose rates on some money market instruments are quoted on a bank discount basis?
-
In July 1986, Guinness Finance B.V. placed a three-year, $100 million Eurobond issue known as Stock Performance Exchange Linked (SPEL) bonds. The concept of the SPEL is that the bond has its...
-
Identify the steps in John Deweys Reflective Thinking Process.
-
Take a moment to reflect on your experiences with written communication. Have you ever been caught in an email or letter exchange that crossed the line from professional to uncivil? What can...
-
Pick a community leader, politician, or professional executive to report on. What makes that person an effective leader in your particular community? Apply the context of your environment to the...
-
Attend a leadership or management training session at your college or community center. What key attributes do the facilitators teach all leaders to have? What similarities or running themes have you...
-
What type(s) of power do you have as a student? How does that source of power influence communication with other students, professors, and administrators?
-
Christine took a world cruise that had a cash price of $23,000 by paying 10% down and financing the balance with a 48-month fixed installment loan. The APR on the loan was 6.0%. Before making the...
-
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...
-
A dividend payment has which of the following effects on the balance sheet? a. An increase in shares outstanding b. A decrease in shareholder equity c. A decrease in paid-in capital d. An increase in...
-
A particular firm is operating at less than full capacity. If sales are expected to grow at only a modest rate next year, which of the following is true? a. Assets will likely increase faster than...
-
Which of the following is true regarding the full-capacity sales level of a firm? a. A firm that is operating at less than full capacity will never need external financing. b. For a firm that is...
-
Privatizing Social Security in the United States has been a topic of debate for many years, with strong opinions on both sides since its creation as part of President Franklin D. Roosevelt's New...
-
Economists measure the price level by using a basket of goods and services and calculating how the total cost of buying that basket of goods will increase over time. Economists often express the...
-
Diverse Perspectives on the World Economy assignment You are required to consider a contemporary economic or social issue that is currently attracting media attention. It could be a local, national,...
Study smarter with the SolutionInn App