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How can algebra be used to model

different situations of our


environment? By: Federico Acosta

• The IPC means consumer's price index that in
Spanish is índice de precios al consumidor.
• measures the evolution of the average cost of a
What is ipc in basket of goods and services representative of
final household consumption

colombia ? • Inflation is defined as the percentage change in


the CPI between two periods. In particular, annual
inflation is measured by taking the CPI for a month
and calculating its variation compared to the data
for the same month of the previous year.
Year Budget
0 4.500
Use the IPC to
determine your 1 4,501.61
budget through 2 4,508.61
the year.
3 4,515.11
4 4,520.61
5 4,526.01
Reflection

• With my prediction i could know how much money will be 4,500 in the future,
like 2030.
• Is a directly proportional table because in both sides the magnitudes are
increasing.
• This is a direct variation because both x and y are increasing.
Basically the money value is each year
Conclusión higher, at this rithm in the future everything
will be really expensive.
How much is my item after 5 years

Year Cost ($)


0 250
1 254
2 258
3 262
4 266
5 270
Table 2 Year Number of items.

0 4
1 3.9

2 3.87
3 3.8

4 3.75
5 3.7
Reflection

• Is an inverse relation because while one magnitude increase the


other decrease
• Is inversely proportional because one value increase meanwhile tye
other value decrease.
• We can conclude that each year the value of money will be bigger.
• We have to be prepared because in the future everything will be
more expensive, so we have to be careful in what we spend the
money because you need to spend the money in things that in a
future there price would be higher and you can profiteer form that.

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