SOLUTION: In 2016, SONY released its newest version of the PlayStation, the PlayStation 4 Pro. The retail price was $399.99. Many consumers felt that this gaming console was overpriced. They
Algebra ->
Finance
-> SOLUTION: In 2016, SONY released its newest version of the PlayStation, the PlayStation 4 Pro. The retail price was $399.99. Many consumers felt that this gaming console was overpriced. They
Log On
Question 1134487: In 2016, SONY released its newest version of the PlayStation, the PlayStation 4 Pro. The retail price was $399.99. Many consumers felt that this gaming console was overpriced. They pointed to the original PlayStation that was released in 1995 with a list price of $300.
Using the fact that the CPI was 152.4 in 1995 and 240.0 in 2016, adjust the price of the original PlayStation to 2016 dollars. Round your answer to the nearest cent.
