What has been the real change in bill net worth
Question: In 1970, Bill Gates' net worth was $1, 692. At that time, the CPI was 51.3. In 1999, Bill Gates' net worth is $51,344,629,323. The 1999 CPI is 232.6. Rounded to the nearest dollar, what has been the real change in Bill's net worth?
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The 1999 CPI is 232.6. Rounded to the nearest dollar, what has been the real change in Bill's net worth?
What average annual inflation rate would have resulted in this answer? (Show your work).
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