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Which year experienced lowest rate of inflation on 52 weeks average basis?
Different countries experienced different rates of inflation. This is a global site so you will need to be less insular.
The annual nominal rate of interest on a bank certificate of deposit is 12 percent what would be the effect of an inflation rate of 13 percent?
The 12 percent nominal interest means that your money will increase in value by 12% in a year's time in NOMINAL terms.However, the inflation rate of 13 percent says that the cost of goods will increase faster than the value of your deposit.Hence the REAL effect is that the value of your money will fall by 1 percent.
If you save one dollar on January 1 two dollars on January 2 three dollars on January 3 and continue this pattern for one year what will be the value of your entire savings?
In a normal year with 365 days, you would have $66,795 at the end of the year. If you were saving in a leap year, you would have $67,161. If you really want to get into "value", you would have to consider inflation/deflation rates (normally around 3% in the US) and decide with what time you want to compare it. In addition, are you investing it in savings or just putting it in a shoebox. If investing it you need to know the interest rate and when interest is compounded (daily , monthly, quarterly, etc) in which case you can calculate nominal interest = Invested amount at time interest calculated * interest rate /period (period being 365.25 for daily 12 for monthly etc.) If you want real interest rate (or value factoring in inflation) real interest = Invested amount at time interest calculated *(interest rate- inflation rate) /period. I am sorry if that actually answered more than what you wanted.
Would you rather receive simple interest at the rate of 10 percent per year or 1 percent per month Explain?
1% because in a year itll be 12% instead of 10%
2000 a month is how much a year?
2000 a month is 24000 a year.
What were the inflation rate and the unemployment rate last year?
2016s rate was 4.85%, and the inflation rate was 2.5%
If the CPI was 110 last year and is 121 this year what is this years rate of inflation?
This year's rate of inflation is 10% or [(121 - 110)/110] x 100.
The one year nominal interest rate is 7.97 and the real interest rate is 3.54 what is the expected inflation rate?
The expected inflation rate is 11.51%
Does inflation have anything to do with?
Inflation refers to the rate of increase of goods and services in a country Let us say the inflation rate of your country is 10% then whatever was worth $100 last year is worth $110 this year. This is the effect of inflation.
What is the inflation rate in Uganda?
Uganda bureau data show, and in July, the inflation rate was 3.2%, the lowest point in the last three years. The inflation down is mainly due to the food supply, food prices 2.2% year-on-year drop. But not including food, fuel, water and electricity core inflation rate is still 4.6%.
Why the inflation rate is calculated?
Inflation is measured by calculating the percentage rate of change of price index, which is calledthe inflation rate. The rate of inflation is usually expressed in annualised term, though the measurment periods are usually different from one year. Inflation rate= p - P /P *100 i.e, p minus P divided by P into100. Where, p= current average price level, P= price level a year ago.
What is double digit inflation?
A good description of "inflation" is an increase in prices and a fall in the value of money. Inflation is usually represented as a percentage increase for one month over the same month the previous year. Double-digit inflation is when this percentage is greater than 10%. If inflation rises even more than 100% (i.e. prices are twice s high as last year) it is usually called "hyper-inflation".
What data must you to calculate the inflation rate for a specific year?
Cost of Living
Suppose that inflation is -3 per year and it is expected to continue at that rate in the future If the nominal interest rate is 0 per year then what is the real interest rate?
-3
How much was a dollar in 1984?
A dollar from 1984 would be worth about $2.30 today. That is equivalent to a yearly inflation rate of 2.82 per year for a total inflation rate of 130.6 percent.
How can 1200 be one third of 1800?
$ 1200 in 1800-n2022- inflation calculator $1,200.00 inflation rate 2.44 percent year 18000
Is it false that the poverty guideline are adjusted each year to account for the inflation rate?
yes
