For each year from 2014 to 2017, determine the annual inflation rate in percent to two decimal places. Year 2014 2015 2016 Inflation Rate % % %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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6:22
education.wiley.com
The CPI-U (U.S. city average, all items) has the
following annual averages:
Year Index
2013 208.1
2014 213.3
2015 214.5
2016 216.0
2017 217.4
Part a
For each year from 2014 to 2017, determine the
annual inflation rate in percent to two decimal
places.
Year
2014
2015
2016
2017
Inflation Rate
%
%
%
%
Carry all interim calculations to 5 decimal
places and then round your final answer to 2
decimal places. The tolerance is +0.05.
Transcribed Image Text:6:22 education.wiley.com The CPI-U (U.S. city average, all items) has the following annual averages: Year Index 2013 208.1 2014 213.3 2015 214.5 2016 216.0 2017 217.4 Part a For each year from 2014 to 2017, determine the annual inflation rate in percent to two decimal places. Year 2014 2015 2016 2017 Inflation Rate % % % % Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is +0.05.
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