Inflation The consumer price index (CPI) of a certain country is given by I(t) = -0.02t³ + 0.4² +126 (0 ≤ t ≤ 4) where t = 0 corresponds to the beginning of 2013. Find the annual percentage rate of inflation in the CPI of the country at the beginning of 2015. (Round your answer to three decimal places.) %/year
Inflation The consumer price index (CPI) of a certain country is given by I(t) = -0.02t³ + 0.4² +126 (0 ≤ t ≤ 4) where t = 0 corresponds to the beginning of 2013. Find the annual percentage rate of inflation in the CPI of the country at the beginning of 2015. (Round your answer to three decimal places.) %/year
Chapter17: Inflation
Section: Chapter Questions
Problem 5SQ
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