Assume the average annual CPI values for 2010 and 2011 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years?
A) 0.96
B) 1.04
C) 3.86
D) 8.0

Name: Assume the average annual CPI values for 2010 and 2011 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years? A) 0.96 B) 1.04 C) 3.86 D) 8.0
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Quizplus · Accepted Answer

The percent increase in CPI is calculated as ((215.3 - 207.3) / 207.3) * 100 = 3.86%.

Assume the Average Annual CPI Values for 2010 and 2011