Adjusted for inflation, $100.00 in 2001 is equal to about $130-$180 in 2020.
Answer:
In other words, $100 in 2001 is equivalent in purchasing power to about $138.41 in 2017, a difference of $38.41 over 16 years. The 2001 inflation rate was 2.85%. The inflation rate in 2017 was 2.13%.
Step-by-step explanation:
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