Use the following table of index numbers based on the price of a pound of coffee. The index numbers use 2011 as the base year. If you spent $4.75 for a pound of coffee in 2013, what would the price have been in 2007? Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Coffee index 73.2 | 76.9 | 80.8 | 86.4 | 91.6 | 97.1 100.0 105.0 108.1|111.4 118.1 $ per pound (Round to the nearest cent as needed.)
Use the following table of index numbers based on the price of a pound of coffee. The index numbers use 2011 as the base year. If you spent $4.75 for a pound of coffee in 2013, what would the price have been in 2007? Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Coffee index 73.2 | 76.9 | 80.8 | 86.4 | 91.6 | 97.1 100.0 105.0 108.1|111.4 118.1 $ per pound (Round to the nearest cent as needed.)
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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
Transcribed Image Text:Use the following table of index numbers based on the price of a pound of coffee. The index numbers use 2011 as the base year. If you spent $4.75 for a pound of coffee in 2013,
what would the price have been in 2007?
Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Coffee index 73.2 || 76.9 | 80.8 | 86.4 91.6 97.1 100.0 105.0 108.1|111.4 118.1
$ per pound
(Round to the nearest cent as needed.)
C
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