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Ilya [14]
2 years ago
5

The CPI basket price for two consecutive years of five different economies are given. Determine the rate of Inflation for each e

conomy. Then
order the tiles from least to greatest Inflation rate.
Year 1 = $132.00
Year 2 = $134.50
Year 1 = $95.00
Year 2 = $97.50
Year 1 $100.00
Year 2 = $102.00
Year 1 = $88.00
Year 2 = $89.25
Year 1 = $115.50
Year 2 = $117.50
mentum. All rights reserved.​
Mathematics
1 answer:
kaheart [24]2 years ago
8 0

Answer:

The inglation rate can be calculated as:

R = ((year2 - year1)/year1 )*100%

A)

Year 1 = $132.00

Year 2 = $134.50

R = (($134.50 - $132.00)/$132.00)*100% = 1.89%

B)

Year 1 = $95.00

Year 2 = $97.50

R = (($97.50 - $95.00 )/$95.00 )*100% = 2.6%

C)

 Year 1 = $100.00

 Year 2 = $102.00

R = (($102.00 - $100.00 )/$100.00 )*100% = 2%

D)

Year 1 = $88.00

Year 2 = $89.25

R = (($89.25 - $88.00 )/$88.00 )*100% = 1.4%

E)

Year 1 = $115.50

Year 2 = $117.50

R = (($117.50 - $115.50 )/$115.50 )*100% = 1.7%

Then the order from least to greatest is:

D, E, A, C, B

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2009

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