Twenty-Years Ago

Jaime R. Sandoval

September 3, 2014

The account balance provided to you is from an individual that had an ac-count balance about 20 years ago. His statement was that, twenty years ago hisaccount reflected $2,000.00. Now, his bank statement reflects $3,500.00. Thisis an increase of $3,500.00 -$2,000.00 =$1,500.00. Then, $1,500.00 ÷ $2,000.00= 0.75 % increase.

Then here are five examples of the prices of items from 1994-2013/14.1.-The price of gold in the year of 1994 was $400.00 USD/oz. Compare to 2014-$1,295.00 USD/oz. This is a 223.75 percent increase from its original price. Inother words $1,295.00 - $ 400.00 = $ 895.00. Then $895.00 ÷ $400.00 = 2.238or 100 × 2.238 = 223.75 %.

2.-The price of the stock price of coke or most notable as Coca-Cola, a car-bonated refreshment drink. This liquid has acquired a prestige name in theentire world. Price of stock, according to Etrade.com as of May 23rd, 2014:In 1994 the price of (COKE) stock price was $27.50. The price of a unit priceto own a share now is $76.38. This is an increase of 177.75 percent. That is,$76.38 - $27.50 =$48.88. Or $48.88 ÷ $27.50= 1.777×100 = 177.7%

3.-The price of a ticket to enter Disney Park in Anaheim California, a themepark recognized by the entire world nowadays, was once affordable. Back in1994, the price to enter the theme park was for the price of $31.00. Now, theprice to enter Disney Park is $129.00. Not to mentioned, several other ticketprices to enter during special events and/or without blackout dates. $129.00-$31.00 = $98.00, thus $98.00÷ $31.00 =3.161×100=316.13 %.

4. - Since a SmartPhone is necessary and an important item for nowadaysnecessity. We are comparing the prices of the first smartphone price back in1994, by surprise $899.00. Compare this price to 2014; it has remained itsunique retail price of $899.00 for a sophisticated or the most modern smart-phone. Unchange.

5. - The price of a spot price utilizing the unit measure of USD/barrel back in1994 was $20.00. Now the spot price of USD/barrel is $118.00, a huge increase.Therefore, the spot price percent change goes as follow: $118.00-$20.00=$98.00,

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and $98.00÷ $20.00 =4.9×100=490%.

Below you will see a chart according with the number listed.

1=Gold

2=COKE

3=Disney Ticket

4=SmartPhone

5=Barrel of Oil

1 2 3 4 5

The following above contains the histogram of all the five examples listed.

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