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Calculate the annual rate of consumer price

Assignment:

(Consumer Price Index) given the following data, what was the value of the consumer price index in the base year? Calculate the annual rate of consumer price inflation in 2011 in each of the following situations:

a. The CPI equals 200 in 2010 and 240 IN 2011

b. The CPI equals 150 in 2010 and 175 in 2011

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Finance Basics: Calculate the annual rate of consumer price

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Finance Basics: Calculate the annual rate of consumer price

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