Question
The CPI of January 2015 was 150, January 2016 was 160, January 2017 was 170, January 2018 was 175, January 2019 was 185 and January
The CPI of January 2015 was 150, January 2016 was 160, January 2017 was 170, January 2018 was 175, January 2019 was 185 and January 2020 listed as 210, Calculate the inflation rate for the period from January 2015 to January 2020 is:
a.
13.50%.
b.
23.50%.
c.
13.33%.
d.
40%.
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Modern Auditing
Authors: William C Boynton, Raymond N Johnson
8th Edition
0471230111, 978-0471230113
