Annual CPI values

Question

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

184.00

188.9

195.3

201.6

207.342

215.303

214.537

218.056

224.939

229.594

232.957

Ivy Tech Tuition was $87.66 per credit hour in 2006. Use the CPI values to determine what the school would be charging in 2013 if they only increased tuition based on inflation. (round to the nearest cent)