The table given below reports the consumer price index in a country for four different years.
Table 7.1
-Refer to Table 7.1. If a bicycle used to cost $90 in 1990, what did it cost in 2003 based on the inflation rate (rounded to the first decimal place) ?
A) $115.7
B) $118.1
C) $101.6
D) $130.5
E) $79.8
Correct Answer:
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