in 1990 sausage cost an average of $2.42 per pound. In 1994 it cost 51.35 per pound. What was the percent of depreciation (percent of decrea

Question

in 1990 sausage cost an average of $2.42 per pound. In 1994 it cost 51.35 per pound. What was the percent of depreciation (percent of decrease)?
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Xavia 2 months 2021-07-21T09:46:17+00:00 1 Answers 1 views 0

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    2021-07-21T09:48:13+00:00

    Answer:

    Cumulative price change 105.96%

    Average inflation rate 2.36%

    Converted amount ($100 base) $205.96

    Price difference ($100 base) $105.96

    CPI in 1990 130.700

    Step-by-step explanation:

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