Question
Shining Faces daycare centre was charging $500 a month for one child when the CPI was 109.8. They put their monthly fee up to $550
Shining Faces daycare centre was charging $500 a month for one child when the CPI was 109.8. They put their monthly fee up to $550 a month for one child when the CPI rose to 111.7. What should their monthly fees have risen to if they had simply kept pace with inflation?
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Management A Practical Introduction
Authors: Angelo Kinicki, Brian Williams
5th edition
978-1111821227, 9781133190363, 1111821224, 1133190367, 978-0078112713
