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1. What was the monthly inflation/deflation rate in February 2006? Please show how to solve 2. based on the answer above was the economy experiencing

1. What was the monthly inflation/deflation rate in February 2006? Please show how to solve

2. based on the answer above was the economy experiencing inflation or deflation in February 2006? By what percent will the CPI rise or fall over the next month?

3. was a CPI accelerating or decelerating in February 2006?

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Questions 11-13: The Consumer Price Index (CPI) from July 2005 through March 2006 can be modeled by the function below, where t is the time in months and t = 0 represents July 2005. Use this function to answer Questions 11-13 below. 1(t) = 0.06+3 - 0.8t2 + 3.1t + 195 (0s t s 8)

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