Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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The price of a one-way Amtrak train ticket between Washington and Boston was $64.00 in 2004. In 2020, that same ticket costs $129.00. A Greyhound Bus ticket between the same two cities cost $28.00 in 2004 and $45.00 in 2020.
2004 A | 2020 B | |
Amtrak | $64.00 | $129.00 |
Grey Hound | $22.00 | $45.00 |
- Which ticket has increased more in relative terms (%)? Show your calculations to back up your answer.
- Adjusting for inflation, what is the percentage increase in the cost of the Amtrak ticket between 2004 and 2020?
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