In 1989, a four-year college degree would set you back $26,902. The consumer price index was 123.94 in January 1989. If the current consumer price index is 251.1, what is the cost of the four-year degree in current dollars?

In 1989, a four-year college degree would set you back $26,902. The consumer price index was 123.94 in January 1989. IF the current consumer price index is 251.1, what is the cost of the four-year degree in current dollars? $54.502.92 $26.902 O $13,278.51 O $41,224.41