Using the Bank of Canada Inflation Calculator at the site shown below, calculate what would be the value in 2018 of a house in Toronto that cost $15,000 in 1964. Assume that over those years the house increased in value each year at the rate of inflation.  Note: Instructions on how to use the Inflation Calculator are provided at the site. Value in 1964: $ 15,000 a)Value in 2018: $ __________________   b)What was the average annual rate of inflation during the period from 1964 to 2018?

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