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I am having trouble understand what the projected price collum means. It says I have to use a formula with the inflation rate after 5
I am having trouble understand what the projected price collum means. It says I have to use a formula with the inflation rate after 5 years but I can't seem to figure out the formula. Help!
15 Total 5 year Budget Projection Formula I see detail below Conversion Rate Local currency U.S. currency Source Transportation 1 DH $0.10 htts://www.xe.com/currencyconverter convert From=USD& TOEMAD Item Qty Price each (Local) Price each (US) Total price (US) Projected Price (US) Source Description numbers number or NA Number or NA Formulas Unk or citation Inflation Rate Air fore 6 13855.77 1441 8646 8678.754582 https://www.cheapcair.com CPI(Five Years Ago) CPI (Today) Inflation Rate Take from Major Assignment 2 L Rental Car midsize SUV 15 903.85 94 1410 1414.504738 htts://www.chea Expenses! 238.343 256.143 7 .47% or follow instructions below Lodging Qty Price each (Local) Price each (US) Total price (US) Projected Price You should just use information from Major Assignment 2, but if you want to retrieve fresh CPI Description numbers number or NA Number or NA Formulas Formulas Link or citation data, here are the instructions again. Air B&B 3 Bedroom 15 days 442 31 690 htness/www.airbnb.com/red step 1: Go to the Bureau of Labor Statistics website at the link below. Food Step 2: Check U.S. All items, 1982-84=100 Item Oty Price each (Local Price each (US) Total price (US) Projected Price Step 3: Click "Retrieve Data" Description numbers number or NA Number or NA Formulas Formulas Link or citation Use the most recent CPI value and the CPI for the same month but five years earlier to estimate Daily Restaurant meals for the price of your trip in five years and the five year inflation rate. 15 days for 6 people 90 250 2340 CPI Data Link Supplies and Misc Item Qly Price each (Local) Price each (US) Total price (US) Projected Price Numbers numbers number or NA Number or NA Formulas Formulas Link or citation (add rows as needed) Like Major Assignment 2. 5 year projected budgetStep by Step Solution
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