According to a NY Times article on December 13, 2009, The average selling price of a 32-inch LCD TV was $600. Use the annual CPI values from

Question

According to a NY Times article on December 13, 2009, The average selling price of a 32-inch LCD TV was $600. Use the annual CPI values from your text to compute the cost of that same TV in 2010 dollars. Express your answer rounded to the nearest cent.

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Thiên Ân 4 years 2021-08-31T09:40:15+00:00 1 Answers 8 views 0

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    2021-08-31T09:42:04+00:00

    Answer:

    Your answer should be 647.51

    Explanation : the price was 215.949 in December, 2009.

    the price was 233.049 in December, 2013.

    divide 233.049 by 235.949 and got 1.079185363.

    multiply that by 600 and got 647.5112179.

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