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Complete the tablebelow, using the information and formulas provided in class 8 (see PDF document posted on Blackboard, Weekly Schedule tab, Week 8). Calculate the

  1. Complete the tablebelow, using the information and formulas provided in class 8 (see PDF document posted on Blackboard, Weekly Schedule tab, Week 8).
  2. Calculate the annual average inflation rate for the period 2000-2016 (16 years).
  3. Provide one example of each calculation, and round your final results to two decimal places.

Value of basket Annual Inflation Rate CPI index Annual Inflation Rate CPI index Annual Inflation Rate
of goods 2000=100 2010=100
2000 314,726
2001 315,789
2002 325,263
2003 341,526
2004 375,679
2005 368,312
2006 359,329
2007 378,374
2008 395,022
2009 430,298
2010 407,865
2011 592,873
2012 651,567
2013 755,818
2014 814,016
2015 859,600
2016 790,074

Note:

1. All other answers posted on Course hero are incorrect so please give me the new correct answer.

2. Annual Inflation Rate should not be in Percentage.

3. Make sure all the Columns are filled Properly.

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