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The CPI-U (U.S. city average, all items) has the following annual averages: Year Index 2013 191.8 2014 197.1 2015 197.9 2016 202.3 2017 203.7 Parta

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The CPI-U (U.S. city average, all items) has the following annual averages: Year Index 2013 191.8 2014 197.1 2015 197.9 2016 202.3 2017 203.7 Parta Your answer is correct For each year from 2014 to 2017, determine the annual inflation rate in percent to two decimal places. Year Inflation Rate 2014 2.76% 2015 0.41 % 2016 222 % 2017 0.69 % Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is 0.05. Attempts: 1 of 3 used Part b * Your answer is incorrect. Since inflation, like interest is compounded from period to period te...year to year), estimate the overall annual inflation rate per year from 2013 to 2017, 6.20 % Suggestion: Do not simply average the rates of Parta Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is 0.05

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