Calculate the purchasing power of a dollar for 2011 and 2014 relative to the base year 2002.

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Calculate the purchasing power of a dollar for 2011 and 2014 relative to the base year 2002. Round your answer to four decimal places.

Round monetary values to two decimal places and all other values to one decimal place, unless otherwise indicated. Use the CPI from year 2002 to 2018 provided in Table 4.4

(b) for Problems 5 to 22.AppendixLO1

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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