Solve the problem.
-A part of the Consumer Price Index (CPI)is given below: $$\begin{array} { l | c | c | c | c | c }
\text { Year } & 1975 & 1980 & 1985 & 1990 & 1995 \
\hline \text { CPI } & 53.8 & 82.4 & 107.6 & 130.7 & 152.4
\end{array}$$ Suppose that an item cost $46 in 1975. If the cost of that item just "kept up with inflation," what would it cost, to
The nearest dollar, in 1995?
A)$198
B)$130
C)$16
D)$100

Question

Solve the problem.
-A part of the Consumer Price Index (CPI)is given below: $$\begin{array} { l | c | c | c | c | c } 
\text { Year } & 1975 & 1980 & 1985 & 1990 & 1995 \
\hline \text { CPI } & 53.8 & 82.4 & 107.6 & 130.7 & 152.4
\end{array}$$ Suppose that an item cost $46 in 1975. If the cost of that item just "kept up with inflation," what would it cost, to
The nearest dollar, in 1995?
A)$198
B)$130
C)$16
D)$100

Quizplus · Accepted Answer

The Answer of Solve the problem.
-A part of the Consumer Price Index (CPI)is given below: $$\begin{array} { l | c | c | c | c | c } 
\text { Year } & 1975 & 1980 & 1985 & 1990 & 1995 \
\hline \text { CPI } & 53.8 & 82.4 & 107.6 & 130.7 & 152.4
\end{array}$$ Suppose that an item cost $46 in 1975. If the cost of that item just "kept up with inflation," what would it cost, to
The nearest dollar, in 1995?
A)$198
B)$130
C)$16
D)$100

Solve the Problem Suppose That an Item Cost $46 in 1975