Please use image to assist answering the following: You estimated that a Naval c
ID: 2431705 • Letter: P
Question
Please use image to assist answering the following:You estimated that a Naval communications research contract will cost $350.0 K (CY16). You plan to award this 12-month contract in 2019. Using inflation indices from the table, what should your budget request be in TY dollars?
A.) None of these are correct. B.) $372.0 K C.) $368.4 K D.) $329.3 K
RDT&EN; (COMPOSITE) Research, Development, Test & Evaluation, Navy (1319) NAVY Base Year= 2015 FiscalRawWeighted IndexIndex Year 2012 0.9603 2013 0.9746 2014 0.9891 20151.0000 20161.0120 2017 1.0302 20181.0487 2019 1.0697 2020 1.0910 0.9637 0.9737 0.9875 1.0000 1.0162 1.0347 1.0547 1.0757 1.0972
Explanation / Answer
A) none of these correct.
Value would be 350/1.0162 x 1.0757 = 370.49
First we will change the cost to the level of 2015 and than take it to the level of 2019