5.7.69 Question Help 0 100 The Consumer Price Index (CPI) indicates the relative change in price over time for a fixed basket of goods and services, In general, if the rate of inflation averages% over n years, then the CPI after n years is CPI = CPI 1 + where CP, is the CPI index at the beginning of the n-year period. (a) The CPI was 151.1 for 1995 and 189.3 for 2000. Assuming that annual inflation remained constant for this time period, determine the average annual inflation rate. (b) Using the inflation rate from part (a), in what year will the CPI reach 249? (a) The average annual inflation rate from 1995 to 2000 was approximately % (Round to two decimal places as needed)