Please view the following video before answering this question. Video Solution: 10.01-PRO09 The CPI-U (U.S. city average, all items) has the following annual averages: Year Index 2013 230.7 2014 235.0 2015 239.0 2016 243.9 2017 247.6 Parta For each year from 2014 to 2017, determine the annual inflation rate in percent to two decimal places. Year Inflation Rate 2014 % 2015 % 2016 % Part a For each year from 2014 to 2017, determine the annual inflation rate in percent to two decimal places. Year Inflation Rate 2014 % 2015 % 2016 % 2017 % Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is +0.05. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Part b Since inflation, like interest, is compounded from period to period (e.g., year to year), estimate the overall annual inflation rate per year from 2013 to 2017. % Suggestion: Do not simply average the rates of Part a. Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is +0.05. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit