Register
The rent on a building in 2008 was $1,400 per month. The landlord changes the rent relative to changes in the CPI-U. Use the CPI-U to calculate the rent in 2014.
42.6k views
1 vote
The rent on a building in 2008 was $1,400 per month. The landlord changes the rent relative to changes in the CPI-U. Use the CPI-U to calculate the rent in 2014.

User HUSTEN
by
7.0k points

1 Answer

6 votes

Answer: $1539

Explanation:

The Consumer Price Index measures changes in price level of weighted average market basket of goods and services that are purchased by households. CPI is a statistical estimate constructed by using the prices of sample of representative items whereby the prices are collected periodically.

The solution to the question is $1539. The calculation has been attached

The rent on a building in 2008 was $1,400 per month. The landlord changes the rent-example-1
User Sarp
by
7.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.1m questions

10.8m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!