Abicycle tire company performed a web-based study of a popular tire retail price over time. the study indicated that price is set at $16.00 per tire, it was expected to increase to $19.00 over the next 5 years

a. determine the annual rate of inflation over 5 years to increase the price from $16.00 to $19.00.

b. determine the market interest rate that must be used in economic equivalence computations if inflation is considered and an 8% per year real interest rate is expected by this company.

(a) inflation rate will be 0.0349

(B) Nominal interest will be 8.0349 %

Explanation:

We have given final price of the bicycle F=$19

Initial price of the bicycle P=$16

(a) Time is given t = 5 years

We know that , here i is inflation rate

So inflation rate will be 0.0349

(b) We have given real interest = 8 %

We know that nominal interest rate = real interest rate + inflation rate = 8+0.0349 = 8.0349 %

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.