A cost index was created to track the cost of construction


a cost index was created to track the cost of construction ina particular county. 25 years ago the costs of construction was $12 per square foot so the index was set at 100 that first year this past year revealed the cost at $72 per square foot what is the index number?
if the index number was 525 last year what is the cost persquare foot?

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Econometrics: A cost index was created to track the cost of construction
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