Using the data in the table below,calculate the CPI and the inflation rate in each year using

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Using the data in the table below,calculate the CPI and the inflation rate in each year using 2015 as the base year. Instructions: Round your answers to one decimal place.

Year	Price of basket ($)	CPI	Inflation rate
2015	18000
2016	21500
2017	22600
2018	26150
2019	28865
2020	32650

Posted Date: Jul 03, 2024 11:31 PM

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Using the data in the table below,calculate the CPI and the inflation rate in each year using

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