Exhibit 19-7.The following table shows the value of CPI for three years in a country. Refer to Exhibit 19-7.Compute the annual inflation rate for 2004.
A)4%
B)1.46%
C)3.36%
D)4.87%

Question

Exhibit 19-7.The following table shows the value of CPI for three years in a country.  Refer to Exhibit 19-7.Compute the annual inflation rate for 2004.
A)4% 
B)1.46% 
C)3.36% 
D)4.87%

Quizplus · Accepted Answer

The Answer of Exhibit 19-7.The following table shows the value of CPI for three years in a country.  Refer to Exhibit 19-7.Compute the annual inflation rate for 2004.
A)4% 
B)1.46% 
C)3.36% 
D)4.87%