1. Calculate the annual average inflation rate for the period 2000-2016 (16 years). 2. Provide an example of your calculations (CPI Index, annual inflation rate and average inflation rate), and round your final results to two decimal places. CPI index Annual inflation CPI index Annual inflation Year Value of basket of goods (Dollars 2000=100 rate (9%) 2010=100 rate (%) 2000 435,85 100 2001 436,914 2002 446,38 2003 462,651 2004 496,804 2005 489,437 2006 480,454 2007 499,499 2008 516,147 2009 651,423 2010 528,990 100 2011 713,998 2012 772,692 2013 376,943 2014 935,141 2015 980,725 2016 911,199