9. The price of gold (end of year prices in Dollars per ounce) is shown in the table below. If you bought 3 ounces of gold in 2006 and sold it in 2016 would you have seem a profit (Adjusted for inflation)?. Explain. Year CPI 2006 201.6 2016 240.00 Year 1986 1996 2006 2016 Price of gold in Dollars 391.00 369.00 636.00 1152.00
9. The price of gold (end of year prices in Dollars per ounce) is shown in the table below. If you bought 3 ounces of gold in 2006 and sold it in 2016 would you have seem a profit (Adjusted for inflation)?. Explain. Year CPI 2006 201.6 2016 240.00 Year 1986 1996 2006 2016 Price of gold in Dollars 391.00 369.00 636.00 1152.00
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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
Transcribed Image Text:9. The price of gold (end of year prices in Dollars per ounce) is shown in the table below. If you
bought 3 ounces of gold in 2006 and sold it in 2016 would you have seen a profit (Adjusted for
inflation)?. Explain.
Year
CPI
2006
201.6
2016
240.00
Year
1986
1996
2006
2016
Price of gold in Dollars
391.00
369.00
636.00
1152.00
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