Calculate the current value of the index, Microeconomics

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Calculate the current value of the index

Problem

A composite price index for the cost of vegetarian foods called Eggs, Artichokes, and Tofu (EAT) was 330 ten years ago and has averaged an annual increase of 12% since. Calculate the current value of the index.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Calculate the current value of the index

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Microeconomics: Calculate the current value of the index

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