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If the average annual CPI of a career goes from 124.0 to 130.7 what is the inflation rate (don't forget to put % in your answer).

If the average annual CPI of a career goes from 124.0 to 130.7 what is the inflation rate (don't forget to put % in your answer).
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If the average annual CPI of a career goes from 124.0 to 130.7 what is the inflation rate (don't forget to put % in your answer).

User RobertoNovelo
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1 Answer

4 votes

Answer:

(new-old)/old * 100%

130.7-124/124 = .054 = 5.4%

Explanation:

User Fabio Carello
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7.7k points
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