Question

22. The following table shows the price of a specific stereo receiver for a five-year period. Using year 3 as the base year, calculate the price index for each year.
Year Price Price index
1 $ 88 ___
2 $100 ___
3 $120 ___
4 $132 ___
5 $140 ___

Answer 1

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Answer 2

70
90
100
110
125