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Chapter 12, Problem 009 The CPI-U (U.S. city average, all items) has the following annual averages: Year 2006 2007 2008 2009 2010 Index 151.5 155.7

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Chapter 12, Problem 009 The CPI-U (U.S. city average, all items) has the following annual averages: Year 2006 2007 2008 2009 2010 Index 151.5 155.7 157.8 162.2 163.7 For each year from 2007 to 2010, determine the annual inflation rate in percent to two decimal places. Year Inflation Rate 2007 2008 2009 2010 Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is to.os

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