Calculate the inflation rate for the period 2003 to 2012. Use the CPI provided in the following table: Year Base 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Year CPI 100 102.8 104.7 107 109.1 111.5 114.1 114.4 116.5 119.9 121.7 122.8 What was the inflation rate? Round to two decimal places
Calculate the inflation rate for the period 2003 to 2012. Use the CPI provided in the following table: Year Base 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Year CPI 100 102.8 104.7 107 109.1 111.5 114.1 114.4 116.5 119.9 121.7 122.8 What was the inflation rate? Round to two decimal places
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Question
![Calculate the inflation rate for the period 2003 to 2012. Use the CPI provided in the
following table:
Year
Base
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Year
CPI
100
102.8
104.7
107
109.1
111.5
114.1
114.4
116.5
119.9
121.7
122.8
What was the inflation rate?
%
Round to two decimal places
SAVE PROGRESS
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Transcribed Image Text:Calculate the inflation rate for the period 2003 to 2012. Use the CPI provided in the
following table:
Year
Base
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Year
CPI
100
102.8
104.7
107
109.1
111.5
114.1
114.4
116.5
119.9
121.7
122.8
What was the inflation rate?
%
Round to two decimal places
SAVE PROGRESS
4°C
hp
f6
47
fi0
>I
40
144
&
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