document.write( "Question 107120: In 1970, the consumer price index (CPI) for all items was 116.3. In 1990, it was 318.5. Find each of the following:
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document.write( "A. The cost of an item in 1990 to the nearest dollar that sold for $200 in 1970
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document.write( "B. The cost of an item in 1970 to the nearest dollar that sold for $200 in 1990
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document.write( "C. The percent change in the all items component between 1970 and 1990.\r
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document.write( "please help me im confused . \n" );
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Algebra.Com's Answer #77948 by edjones(8007)![]() ![]() You can put this solution on YOUR website! C) 318.5*100/116.3=273.86% change in 20 years. \n" ); document.write( ". \n" ); document.write( "A) 318.5/116.3*200=$547.72 \n" ); document.write( ". \n" ); document.write( "B) Let x be the price in 1970. \n" ); document.write( "318.5x/116.3=200 \n" ); document.write( "318.5x=200*116.3 \n" ); document.write( "318.5x=23260 \n" ); document.write( "x=23260/318.5 \n" ); document.write( "x=$73.03 \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " \n" ); document.write( " |