The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100. Year CPI 2013 87.50 2014 100.00 2015 102.30 2016 108.95 Calculate the rate of inflation between 2013 and 2014 to 1 decimal place. A) 8.9% B) 6.6% C) 9.8% D) 14.3% E) 8.8%
The following table shows the UK consumer prices index for the years 2013-16 based on 2014=100. Year CPI 2013 87.50 2014 100.00 2015 102.30 2016 108.95 Calculate the rate of inflation between 2013 and 2014 to 1 decimal place. A) 8.9% B) 6.6% C) 9.8% D) 14.3% E) 8.8%
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
Section: Chapter Questions
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The following table shows the UK consumer prices index for the years 2013-16
based on 2014=100.
Year
CPI
2013
87.50
2014
100.00
2015
102.30
2016
108.95
Calculate the rate of inflation between 2013 and 2014 to 1 decimal place.
A) 8.9%
В) 6.6%
C) 9.8%
D) 14.3%
E) 8.8%
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