Inflation

Once upon a time, tsar owned a money printer and printed and printed. The result of printing money prices went up,in the first year 3.9 %, in the second 6%, in the third 4.7% and in the fourth 5.5%.

Then tsar was failed in election.

Calculate the average annual inflation rate (percentage of price increase) during this four years.

Result

i =  5 %

Solution:

i=100((1+3.9100)(1+6100)(1+4.7100)(1+5.5100)41)=5%i = 100\left(\sqrt[4]{(1+\dfrac{ 3.9}{100})(1+\dfrac{ 6}{100})(1+\dfrac{ 4.7}{100})(1+\dfrac{ 5.5}{100})}-1\right) = 5 \%







Leave us a comment of this math problem and its solution (i.e. if it is still somewhat unclear...):

Showing 0 comments:
1st comment
Be the first to comment!
avatar




Looking for a statistical calculator? Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Next similar math problems:

  1. Annual income
    income The annual incomes (in thousands of $) of fifteen families is: 60, 80, 90, 96, 120, 150, 200, 360, 480, 520, 1060, 1200, 1450, 2500, 7200 Calculate harmonic and geometric mean.
  2. Carpenters
    time_15 Carpenters 1 and 2 spend 10 days and 5 days respectively to make one table. If 50 tables were made by the first carpenter and 30 tables were made by the second carpenter, What is the average time spent on the products?
  3. SD - mean
    normal_sd Mean is 10 and standard deviation is 3.5. If the data set contains 40 data values, approximately how many of the data values will fall within the range 6.5 to 13.5?
  4. Controller
    std_dev Output Controller of the company in the control of 50 randomly selected products found that 37 of them had no defect 8 has only one flaw, three had two defects, and two products had three defects. Determine the standard deviation and coefficient of variati
  5. US GDP
    stat_2 Consider the following dataset , which contsins the domestic US gross in millions of the top grossing movie over the last 5 years. 300,452,513,550,780 I. Find the Mean of the Dataset II. Find the Squared deviation of the second observation from the mean I
  6. Standard deviation
    standard-dev_1 Find standard deviation for dataset (grouped data): Age (years) No. Of Persons 0-10 15 10-20 15 20-30 23 30-40 22 40-50 25 50-60 10 60-70 5 70-80 10
  7. Water
    tanks Mix 68 l of water with temperature of 87 °C, 17 l warm of 42 °C and 55 l water of 50 °C. What is the temperature of the mixed water immediately after mixing?
  8. Certificate
    ucitel There is 31 students in a class. From mathematics was'nt worse mark than 2. Average mark in mathematics was 2. How many students have mark 1 and how many mark 2?
  9. Average
    old_automobile What is the average speed of the car, where half of the distance covered passed at speed 66 km/h and the other half at 86 km/h.
  10. Center of gravity
    map_1 The mass points are distributed in space as follows - specify by coordinates and weight. Find the center of gravity of the mass points system: A1 [14; -2; 5] m1 = 10.2 kg A2 [-2; -16; 7] m2 = 13.6 kg A3
  11. Normal Distribution
    normal_d At one college, GPA's are normally distributed with a mean of 3.1 and a standard deviation of 0.4. What percentage of students at the college have a GPA between 2.7 and 3.5?
  12. Contestants
    avg_1 In the competition it was possible to get 0-5 points. In fact, 5 contestants of the 15 best contestants has earned 5 points or 4 points (which have won 10 contestants). The number of contestants who earned 3 points was the same as the number of contestan
  13. The pool
    bazen2_7 The pool has a volume of 40 m3 and the water temperature is 20 °C. How much water at 100 °C should we pour into the pool to increase the water temperature by 5 °C?
  14. Variance and average
    stat Of the 40 values were calculated average mx = 7.5 and variance sx = 2.25. After the control was found to lack the two items of the values of x41 = 3.8 and x42=7. Correct the above characteristics (mx and sx).
  15. Kerosine and petrol
    kerosene if 4 litres of petrol containing 15% kerosine are added to another 7 litres of petrol containing 10% kerosine, what percentage of the petrol is kerosine?
  16. Harmonic and arithmetic means
    Plot_harmonic_mean The local Utah Department of Child Service office wants to project staffing needs based on current social worker assignments. They have the number of cases per social worker for the following staff: Mary: 25 John: 35 Ted: 15 Lisa: 45 Anna: 20 Calculat
  17. Box and whisker plot
    box-whisker-plot Construct a box and whisker plot for the given data. 56, 32, 54, 32, 23, 67, 23, 45, 12, 32, 34, 24, 36, 47, 19, 43