Hey Guys! So I have this "math test" (it's just to see what I am able to figure out and it doesn't count for anything) I have to take and Idk where to even start with this question... Help? No idea what criteria of math this is either...

Question

ariellesircy · Answer

attachment

liziekay · Answer

How did they find the inflation rate and house price index? That would help..

liziekay · Answer

Try multiplying the inflation rate by 3, and add that to the outside capital

liziekay · Answer

What would you get?

liziekay · Answer

In the year 1996

liziekay · Answer

I got 89.5 since 1.5 multiplied by 3 is 4.5. And 85 outside the capital plus 4.5 is 89.5

ariellesircy · Answer

See idk how to get any of those number... Could you go step by step?

liziekay · Answer

Sure, so first multiply the inflation rate 1.5 in the year 1996 by 3 since it would be tripled, right?

liziekay · Answer

Then go to the house price index in the year 1996 outside the capital since that's what the question is asking.

liziekay · Answer

So the multiplied inflation rate 1.5 times 3 is 4.5

liziekay · Answer

Add that to 85 (outside the capital). What do you get?

liziekay · Answer

89.5, wa la. Answer C

ariellesircy · Answer

Oooh!! I was way over thinking it! Would you be willing to help me with another? This one is probably 10 times more simple but my brain is warped.

ariellesircy · Answer

@liziekay

liziekay · Answer

SURE, SORRY JUST GOT ON TODAY (:

liziekay · Answer

Minus the caps