The table below shows hypothetical tuition costs at a Canadian university. TABLE 2-1 Refer to Table 2-1.Assume that 2015 is used as the base year,with the index number = 100.The value of the index number in 2017 is calculated as follows:
A)(5000/5100)× 100 = 98.
B)5100/5000 = 1.02.
C)5000/5100 = 0.98.
D)5100/5100 = 100.
E)(5100/5000)× 100 = 102.

Question

The table below shows hypothetical tuition costs at a Canadian university.  TABLE 2-1 Refer to Table 2-1.Assume that 2015 is used as the base year,with the index number = 100.The value of the index number in 2017 is calculated as follows:
A)(5000/5100)× 100 = 98. 
B)5100/5000 = 1.02. 
C)5000/5100 = 0.98. 
D)5100/5100 = 100. 
E)(5100/5000)× 100 = 102.

Quizplus · Accepted Answer

The Answer of The table below shows hypothetical tuition costs at a Canadian university.  TABLE 2-1 Refer to Table 2-1.Assume that 2015 is used as the base year,with the index number = 100.The value of the index number in 2017 is calculated as follows:
A)(5000/5100)× 100 = 98. 
B)5100/5000 = 1.02. 
C)5000/5100 = 0.98. 
D)5100/5100 = 100. 
E)(5100/5000)× 100 = 102.

The Table Below Shows Hypothetical Tuition Costs at a Canadian