The basket of goods and services cost $16.500 in 2002. Using the CPI for 2015 from Table below.

(i) Calculate the cost of the basket of goods and services in 2015.

(ii) What is the percent change in the cost of the basket of goods and services from 2002 to 2015?

CPI from the Year 2002 to 2016

Year CPI BASE YEAR 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 100.0 102.8 104.7 107.0 109.1 111.5 114.1 114.4 116.5 119.9 121.7 122.8 125.2 126.6 128.4