Question
Adjust the REVPAR from 1999 to 2008 for inflation using the CPI provided. Please calculate the adjusted RevPAR for the year 1999 . Round all
Adjust the REVPAR from 1999 to 2008 for inflation using the CPI provided.
Please calculate the adjusted RevPAR for the year 1999. Round all answers to two decimal points. Be sure to include a minus (-) sign for any negative values.
Year | RevPAR | CPI | Adjusted RevPAR |
1999 | $50.90 | 166.6 | $___ |
2000 | $54.02 | 172.2 | |
2001 | $50.26 | 177.1 | |
2002 | $48.91 | 179.9 | |
2003 | $49.15 | 184 | |
2004 | $53.03 | 188.9 | |
2005 | $57.56 | 195.3 | |
2006 | $62.03 | 201.6 | |
2007 | $65.63 | 207.3 | |
2008 | $64.37 | 215.3 |
Reference your answers from questions 14-23 (the table you filled out), please calculate nine-year overall growth percentage. Enter your answer in the space provided. Round all answers to two decimal points. Be sure to include a minus (-) sign for any negative values. Adjusted 9-year overall growth/decline percentage = ___% Reference your answers from questions 14-23 (the table you filled out), please calculate annual average growth percentage. Enter your answer in the space provided. Round all answers to two decimal points. Be sure to include a minus (-) sign for any negative values. Adjusted annual average growth/decline percentage = ___% |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started