Mathematics, 14.02.2020 19:33 davidaagurto

In 2000, when the consumer price index (CPI) was 172.2, Aramis purchased a
house for $111,500. Assuming that the price of houses increased at the
same rate as the CPI from 1990 to 2000, approximately how much would the
house have cost in 1990, when the CPI was 130.7?

Answers: 3

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In 2000, when the consumer price index (CPI) was 172.2, Aramis purchased a
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In 2000, when the consumer price index (CPI) was 172.2, Aramis purchased a house for $111,500. Assuming that the price of houses increased at the same rate as the CPI from 1990 to 2000, approximately how much would the house have cost in 1990, when the CPI was 130.7?

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In 2000, when the consumer price index (CPI) was 172.2, Aramis purchased a
house for $111,500. Assuming that the price of houses increased at the
same rate as the CPI from 1990 to 2000, approximately how much would the
house have cost in 1990, when the CPI was 130.7?