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The Consumer Price Index had a value of 218.8 in 2010 and a value of 226.23 in 2011 What was the inflation rate in 2011?

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The Consumer Price Index had a value of 218.8 in 2010 and a value of 226.23 in 2011 What was the inflation rate in 2011? (2 points) a. b. If you borrowed $2500 in 2011 at an annual interest rate of 5.2%, what was the real interest rate of your loan based on the inflation rate in 2011 that you calculated above? (2 points)

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