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Please answer ASAP Calculate the annual inflation rate between 30th June 1989 when the consumer price index (CPI) was 53.0 and 30th June 2006 when
Please answer ASAP
Calculate the annual inflation rate between 30th June 1989 when the consumer price index (CPI) was 53.0 and 30th June 2006 when the CPI was 85.9. Note that you should find the annual CPI inflation rate between these dates. Select one:
a.
2.5741% pa
b.
2.8813% pa
c.
3.2717% pa
d.
32.9% pa
e.
138.9% pa
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