Question

Year Annual CPI Actual Price of a Calculator
1995 152.400 $8.99
2000 172.200 $10.49
2005 195.300 $12.10
2010 218.056 $12.75
2015 237.017 $13.89

Based on inflation from the year 1995, calculate the expected price of a calculator for 2005. 4 points



Based on inflation from the year 1995, calculate the expected price of a calculator for 2015. 4 points
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