Asked by stacy lee
                If inflation had been 3% each year from 2002 to 2012, what would be the CPI have been in 2012?
            
            
        Answers
                    Answered by
            Damon
            
    1.03^10 = 1.344
34.4 percent higher costs in 2002 dollars
    
34.4 percent higher costs in 2002 dollars
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