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Calculate the annual inflation rate between 30th June 1982 when the consumer price index (CPI) was 31.5 and 30th June 2005 when the CPI was

Calculate the annual inflation rate between 30th June 1982 when the consumer price index (CPI) was 31.5 and 30th June 2005 when the CPI was 82.6. Note that you should find the annual CPI inflation rate between these dates. Select one: a. -17.4% pa b. 4.2805% pa c. 4.4793% pa d. 4.6976% pa e. 114.1% pa

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