Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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The CPI Index for September 1984 is 100. The same CPI index for September is 296.81.
1. What was the inflation rate during these 38 years?
2. What is the annualized rate of inflation for this period?
1. About 196.81% during 38 years.
2. About 2.90% per year
1. About 196.81% during 38 years.
2. About 5.18% per year
1. About 296.81% during 38 years.
2. About 2.90% per year
1. About 296.81% during 38 years.
2. About 5.18% per year
A
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Transcribed Image Text:The CPI Index for September 1984 is 100. The same CPI index for September is 296.81. 1. What was the inflation rate during these 38 years? 2. What is the annualized rate of inflation for this period? 1. About 196.81% during 38 years. 2. About 2.90% per year 1. About 196.81% during 38 years. 2. About 5.18% per year 1. About 296.81% during 38 years. 2. About 2.90% per year 1. About 296.81% during 38 years. 2. About 5.18% per year A
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