Calculate the continuous compound annual rate of inflation

Reference no: EM13906751

a. Calculate the continuous compound annual rate of inflation if the index of retail prices was 134.67 on the 1st of January 1995, and had risen to 204.78 by the 1st of January 2000.

b. Calculate the future value, immediately after the last deposit has been made, of an annuity with a term of 12 years, consisting of annual payments of £5000, if the interest rate is 9% per annum compounded annually.

Reference no: EM13906751

Questions Cloud

Assuming a flexible budget : The Hernandez Company budgeted for an output of 50,000 units. Budgeted amounts were as follows: direct material, $100,000; direct labor, $50,000; variable factory overhead, $75,000; and fixed factory overhead, $100,000. Assuming a flexible budget,

Total amount of capital gain or loss : Determine the total amount of your capital gain or loss using (a)FIFO (first in, first out) accounting and (b) LIFO (last in, first out) accounting (that is assuming that you keep your stock certification in (a) a queue or (b) a stack using C lang..

The materials price variance : Total production of 1,000 units of finished goods required 3,000 actual parts at $2.25 per part. The standard is 2.9 parts per unit of finished goods, at a standard price of $2.30 per part. Which of the following statements is true?

Statements about journal entries to record variances : Which of the following statements about journal entries to record variances is true?

Calculate the continuous compound annual rate of inflation : Calculate the continuous compound annual rate of inflation if the index of retail prices was 134.67 on the 1st of January 1995, and had risen to 204.78 by the 1st of January 2000.

How much was the labor efficiency variance : Vanzant produced 1,000 units of output. The production process normally requires 2 hours of labor per unit of output. The standard labor rate is $10 per hour but Vanzant paid $11 per hour. Actual hours needed to complete the production process were 1..

Compute the variable overhead rate variance : Compute the variable overhead rate variance

In preparing its monthly performance report : For the month of April, budgeted sales were $100,000 and budgeted cost of goods sold was $80,000. Actual sales were $80,000 and actual cost of goods sold amounted to $90,000. In preparing its monthly performance report.

Computer science and information system : In the College of Computer Science and Information System, forty students were asked to rate the quality of teaching of his Course Instructor in the class room environment on a scale of 1 to 10 (1 means minimum standard of teaching and 10 means ex..

User Account

All Pages