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3) Consumer Price index The table below cites the recent Consumer Price Index values Year Jan NA Feb Mar Apr May Jun Jul Aug Sep

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3) Consumer Price index The table below cites the recent Consumer Price Index values Year Jan NA Feb Mar Apr May Jun Jul Aug Sep Dec Oct Nov 2019 251.712 252.776254,202 255.548 256.012256.143 NA NA NA NA NA 2018 247.867 248.991 249.554 250546 251.588 251980 252.006252.346 252.439 252.885 252.038 251.233 2017 242.829 243.609 243.801 244.524 264.73324955 244.786 245.519 246,819 246.663 246.669246524 2016 236916 237.111 231, 132239.261 240.229 241018240.628 240.549 241428 241.729241.353 241.432 2015 233.707 234.722 236.119 236.59 237.805 238.638 238.654 238.316 237.945237838237.336236525 2014 233.916 234.781 236.293 237.072 227,900 236.343 238.250 237.852 238.031237.433 | 236151 234.812 2013 230.280 232 166 232.773 232.531 232.94 233.504233.596233.877 234.149 233.546 233 069233.049 2012 226.665 227.663 229,392 230,0RS 229.815 229.478 229.104 230 379 231.407231.317230 221 229.601 2011 220.223 221.309 223.467 224.906 225.964225.722 225.922 226.545 226.589 226.421226230 225.672 2010 216.687 216.741 217.61 218.000 218.178 217.965 228.011218-312 218.439 218.711 218.803 219.179 2009 211.143 212.193 212.709 213.240 213.856 215.693215.351 215.834 225 969 216.177 216 330 215.949 2008 211.050 211.693 213.528214.823216.632218.018 219.964219.086 218.783 216.573212.425 210.228 2007 202.416 203.499205 352 206.686 207.949 208.352 205.299207 917 208.490 208.936210.177 210.036 2006 198,300 198.700 199.800 201.500 202.500 200.000 203.500 203.900 202.900 201.800 201.500 201.00 2005 190.700 191.800293 300 194.600 194.400 294.500 195.400 196.400 198.800 199.200 197.600 196.800 2004 185.200 186.200187 400 188.000 189.100 189.700 189.400189.500 189.900 190.900 191.000 190.300 2003 181.700 183.100 184.200 183.800 183.500 183.700 183.900 184.600 185.200 185.000 284.500 184.300 2002 177.100 177.800 178.800 179.800 179.800 279.900 100 100 180.7001B1.000 181.300 181.300 180.900 2001 275.100 175.800 176.200 176.900 177.700 178.000 177.500 177.500 178.300 177.700 177.400 176.700 2000 168 800 169.800 171.200 171.300 171.500 172.400 172.800 172.800 173.700 174.000 174.100 174.000 inflation.com a) What is the Consumer Price Index? b) What was the percentage increase of the CPI from Jan 2000 to Jan 2010? c) Follow the CPI, if we paid $12,000 for a car in 2005, then how much should we anticipate paying for a car in 2015

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