Monday, October 3, 2011

Personal CPI

Divide 162978 by 161468 and you get 1.009351698. Then you round that by 98.9. The your percent increase would be 1.1. Yes this makes sense because it doesn't have to be much bigger then what it was the year before.

1 comment:

  1. You started off right. 162978/161468 = 1.00935... If you convert this decimal into a percentage (using "dupe") and rounding you will actually only get 1.01 or a 1% increase and not the 10% increase you have stated. You have to be careful with your decimal places. Does this increase make sense? Think about the amount the iPad purchase. Would you buy one every week?

    Cassie - could you please change your font color to something a little easier to read?

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