document.write( "Question 1108970: I'm dealing with CPI, the question is: According to a NY Times article on December 13, 2009, the average selling price of a 32” LCD TV was $600.  What would be the cost of that same TV in 2013 dollars? I keep getting 651.52, but my school canvas uploader says it's wrong \n" ); document.write( "
Algebra.Com's Answer #724003 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
i used the cpi inflation calculator i found here:\r
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\n" ); document.write( "\n" ); document.write( "https://www.bls.gov/data/inflation_calculator.htm\r
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\n" ); document.write( "\n" ); document.write( "i entered 600 for december, 2009, and then asked the calculator to tell me the price in december, 2013.\r
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\n" ); document.write( "\n" ); document.write( "the calculator said it was 647.51.\r
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\n" ); document.write( "\n" ); document.write( "here's what it looked like.\r
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\n" ); document.write( "\n" ); document.write( "i then went to the table to see if i could duplicate this result.\r
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\n" ); document.write( "\n" ); document.write( "here's the table i used.\r
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\n" ); document.write( "\n" ); document.write( "http://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/\r
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\n" ); document.write( "\n" ); document.write( "i looked up the price index in december, 2009 and december,2013.\r
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\n" ); document.write( "\n" ); document.write( "the price was 215.949 in december, 2009.
\n" ); document.write( "the price was 233.049 in december, 2013.\r
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\n" ); document.write( "\n" ); document.write( "i divided 233.049 by 235.949 and got 1.079185363.\r
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\n" ); document.write( "\n" ); document.write( "i multiplied that by 600 and got 647.5112179.\r
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\n" ); document.write( "\n" ); document.write( "this agrees with what the online calculator told me.\r
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\n" ); document.write( "\n" ); document.write( "here's a picture of what i saw.\r
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\n" ); document.write( "\n" ); document.write( "see if that gets you the right answer.\r
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\n" ); document.write( "\n" ); document.write( "not sure what you did to get 651.52.\r
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\n" ); document.write( "\n" ); document.write( "it's close though, so you weren't far off, assuming the number i got is correct.\r
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