The Dow Jones Industrial Average reached a high of $ 7801.63 on December 29, 1997. Recall from

Question:

The Dow Jones Industrial Average reached a high of $ 7801.63 on December 29, 1997. Recall from Example 18.4 that it reached a high of $ 1003 on November 14, 1972. The Consumer Price Index for November 1972 was 42.4; for December 1997, it was 161.3. By what percentage did the high in the DJIA increase from November 14, 1972, to December 29, 1997, after adjusting for inflation?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: