The price index was 111 in Year 1 and 118 in Year 2. What was the inflation rate? Group of answer choices -6.3 percent 106.3 percent 6.3 percent 0.063 percentDavid earned a salary of $43,500 in 1994 and $89,000 in 2010. The consumer price index was 148.2 in 1994 and 215.3 in 2010. David's 1994 salary in 2010 dollars is