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2002 is the base year. Granny received a $14,000 pension in 2002. The CPI for 2003 106.3. If her pension is indexed for ination, what

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2002 is the base year. Granny received a $14,000 pension in 2002. The CPI for 2003 106.3. If her pension is indexed for ination, what is the real value, in dollars, of her 2003 pension? Remember: Round to whole cents, and do no enter the dollar sign. If the answer is $93625, enter 93.63

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