How do you calculate CPI

4.5.3 | Inflation Scenarios Instructions Read the following scenarios about prices in the 1920s and calculate how much each price would be in 2022 dollars. The 2022 CPI is about 16.43 times the 1925 CPI. .Reflecting that inflation rate, in 1928 a Chrysler sedan automobile cost $2,995. In 2022 dollars that same car would cost $41,110.67 ($2,995 X 16.43 = $49,207.85). Calculate and enter how much each price would be in 2022 dollars, rounding up to the nearest cent. 1. In 1922, a pound of bacon cost $0.15. In 2022, it would cost $ 2. In 1922, a pound of coffee cost $0.47. In 2022, it would cost $ 3. In 1922, a new camera cost $80. In 2022, it would cost $ 4. In 1922, a toaster cost $6.75. In 2022, it would cost $ 5. In 1922, a dozen eggs cost $0.25. In 2022, it would cost $