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QUESTION
In 2000, when the Consumer Price index was 172.2, Aramis purchased a house for $111,500. Assuming tjat the price of houses incresed at the same rate as the CPI from 1990 to 2000, approximately how mus
In 2000, when the Consumer Price index was 172.2, Aramis purchased a house for $111,500. Assuming tjat the price of houses incresed at the same rate as the CPI from 1990 to 2000, approximately how mush would the house have cost in 1990, when the CPI was 130.7?
