Revision as of 18:39, 25 July 2024 by Admin (Created page with "The indicated change factor equals <math display = "block"> ICF = \frac{(L + E_L)/P_C + E_F/P_C}{1 - V - Q_T} = \frac{0.75}{0.65} = 1.1538. </math> Hence the rate should be increased by '''15.38%'''.")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Exercise

ABy Admin
Jul 25'24

Answer

The indicated change factor equals

[[math]] ICF = \frac{(L + E_L)/P_C + E_F/P_C}{1 - V - Q_T} = \frac{0.75}{0.65} = 1.1538. [[/math]]

Hence the rate should be increased by 15.38%.

00