From 1970 to 2010, the inflation rate was 451%. If a concert ticket sold for $12 in 1970, what would the cost be in 2010?
A)$54.12
B)$66.12
C)$72.12
D)$78.12

Name: From 1970 to 2010, the inflation rate was 451%. If a concert ticket sold for $12 in 1970, what would the cost be in 2010? A)$54.12 B)$66.12 C)$72.12 D)$78.12
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Question

Quizplus · Accepted Answer

To find the cost in 2010, you calculate the increase due to inflation: $12 * 451% = $12 * 4.51 = $54.12. Then, add this increase to the original price: $12 + $54.12 = $66.12.

From 1970 to 2010, the Inflation Rate Was 451