If an item cost $3,000 in 2005, what would be an equivalent amount in 2007 and 2009? Use the CPI provided in the following table. B-se Year Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 CPI 100 102.8 104.7 107 109.1 111.5 114.1 114.4 116.5 119.9 121.7 122.8 a. What would be an equivalent value in 2007? Round to the nearest cent b. What would be an equivalent value in 2009? Round to the nearest cent
If an item cost $3,000 in 2005, what would be an equivalent amount in 2007 and 2009? Use the CPI provided in the following table. B-se Year Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 CPI 100 102.8 104.7 107 109.1 111.5 114.1 114.4 116.5 119.9 121.7 122.8 a. What would be an equivalent value in 2007? Round to the nearest cent b. What would be an equivalent value in 2009? Round to the nearest cent
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.6: Rational Functions
Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
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