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Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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
Transcribed Image Text:Suppose you needed $16,000 to maintain a particular standard of living in 1979. How much would you have needed in 1997 to maintain the same standard
Average Annual Consumer Price Index (CPI) (1982-1984=100)
CPI
of living? Assume that all prices have risen at the same rate as the CPI.
Year
Year
CPI
Year
CPI
103.9
152.4
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1973
44.4
1995
How much would you have needed?
107.6
1996
1997
1974
49.3
1975
1976
1977
156.9
160.5
163.0
53.8
109.6
56.9
113.6
1998
(Round to the nearest dollar.)
60.6
118.3
1999
166.6
1978
1979
1980
1981
1982
1983
172.2
177.1
2000
2001
2002
2003
2004
2005
65.2
124.0
72.6
130.7
82.4
90.9
96.5
99.6
136.2
140.3
144.5
148.2
179.9
184.0
188.9
195.3
On-Screen Keyboard
Esc
%23
1
2.
* 3
4
8
Hom
Tab q
u i
Del
End
e
y
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