The equation D(x) = 208(1.257)* represents the annual number of debit card transactions in Canada, where D is in millions, and x is the number of years since %3D 1995. a) Use the equation to determine the number of debit card transactions in 2010. Round your answer to 2 decimal places. b) How many more debit card transactions were there in 2018 compared to 2008? Round your answer to 2 decimal places. (

The equation D(x) = 208(1.257)* represents the annual number of debit card transactions in Canada, where D is in millions, and x is the number of years since %3D 1995. a) Use the equation to determine the number of debit card transactions in 2010. Round your answer to 2 decimal places. b) How many more debit card transactions were there in 2018 compared to 2008? Round your answer to 2 decimal places. (

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The accompanying table lists the foreign exchange rate between U.S. dollars and British pounds (GBP) during May 2020. Of the dates in the table, 05- would have been the best day for converting US $500 into British pounds and 05- would have been the worst day for converting US $500 into British pounds. (Type whole numbers.) The difference in pounds between these two dates would be £. (Round to two decimal places as needed.) Date 05-01 05-02 05-03 05-04 05-05 05-08 05-09 05-10 05-11 05-12 05-15 $/£ 1.2917 1.2921 1.2916 1.2910 1.2950 1.2942 1.2939 1.2939 1.2885 1.2880 1.2917 Date 05-16 05-17 05-18 05-19 05-22 05-23 05-24 05-25 05-26 05-30 05-31 $/£ 1.2912 1.2944 1.3009 1.3018 1.3006 1.2984 1.2935 1.2954 1.2795 1.2858 1.2905
5 * Enter a number without quotes. Round to the first decimal if necessary. Do not use fractions. For decimal numbers between 0 and 1, use a 0 in front, i.e. write "0.5" instead of ".5".
380 460 Sometimes it is more useful to express this as a decimal. In this case, just divide the numerator by the denominator and round to an appropriate number of decimal places (here, three): 380 = 0.826 460 To express this as a percentage, just take the decimal result times 100. We will round to one decimal places here: 380 460 0.826 x 100 = 82.6% Suppose that the annual federal deficit is $350 billion. Gross Domestic Product 'GDP', a measure of the size of the economy is $14.5 trillion ($14,500 billion). Calculate the ratio between the deficit and GDP as a percentage rounded to one decimal place: Deficit-GDP ratio: < Prev 2 of 5 # Score.answer
The fractions make no sense
Suppose the Consumer Price Index for 2012 was 121.8 and for 2014 it was 125.2. (a) Determine the purchasing power of the dollar in 2012 and 2014 relative to the base year 2002. (b) Compute the purchasing power of the dollar in 2014 relative to 2012. (a) The purchasing power of the dollar in 2012 is. (Round to three decimal places as need.) The purchasing power of the dollar in 2014 is (Round to three decimal places as need.) (b) The purchasing power of the dollar in 2014 relative to 2012 is. (Round to three decimal places as need.)
Suppose the Consumer Price Index for 2012 was 121.4 and for 2014 it was 124.4. (a) Determine the purchasing power of the dollar in 2012 and 2014 relative to the base year 2002. (b) Compute the purchasing power of the dollar in 2014 relative to 2012. ..... (a) The purchasing power of the dollar in 2012 is (Round to three decimal places as need.) The purchasing power of the dollar in 2014 is (Round to three decimal places as need.) (b) The purchasing power-of the dollar in 2014 relative to 2012 is. (Round to three decimal places as need.)
In a certain foreign country in 2009, the local currency (the ‘Real’) was pegged to the U.S. dollar at the rate of $1 U.S. = 1 Real. The Real was then devalued over the next five years so that $1 U.S. = 2 Real. A bank in the north-eastern United States bought assets in this country valued at 100 million Real in 2009. Now that it is year 2014, what is the worth of this bank’s investment in U.S.dollars? Should the bank sell out of its investment in this foreign country or should it buy more assets?
The annual revenue R (in millions of dollars) of OPet Foods since its inception can be modeled by R (t) = -0.0042 +4 +0.085 t3 -0.16 +2 -0.65 t + 3.4 where t is the t2 number of years since the store opened. In what year was the revenue first greater than $3.6 million? Round your answer to 1 decimal place. After Number years. Estimate from the graph of R(t) when OPet Foods had its lowest revenue over the first five years of existence. Round your answer to three decimal places. t= Number
Search for the “World Economic Outlook Database” on the internet and locate the most recent version. Use this database to select inflation data (units of percentage change) for Germany, Japan, and the United States for the period 1990 to 2010. Construct a table of annual inflation rates for these countries. Now construct a graph using annual inflation rates on the vertical axis and the year on the horizontal axis. Plot the annual inflation rates from your table in three separate lines on the same graph. How would you compare the experiences of these three countries based on your graph?
Use 6 decimals while solving
(Ch7) Historically, the default rate on a commercial loan is 20 percent. If a bank makes 100 commercial loans, what is the approximate probability that more than 25 loans will result in default? (hint: use the normal approximation to the binomial. And, by continuity correction, you should use 25.5 as the new cutoff.) Question 2Select one: a. 0.0668 b. 0.0838 c. 0.2000 d. 0.0336
In the year 2000, the total amount of consumer loans in the United States topped $550 billion dollars. According to the Archival Federal Reserve Economic Data report, the total amount of consumer loans for the United States can be approximated by the function L(t) = 0.286t²-3.669t+24.475 where t is the number of years after 1950 and L(t) is given in billions of dollars. Evaluate and interpret the instantaneous rate of change in the total amount of consumer loans in the United States in 2020. O a. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 11.69 billion dollars. Ob. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 30.65 billion dollars. Oc. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 34.32 billion dollars. Od. The total amount of consumer loans in the United States is expected to grow in 2020 at a rate of 36.37 billion dollars.