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14 August, 05:05

From 1980 to 1990, the consumer price index (CPI) increased from 74.4 to 128.7. If a gallon of apple juice cost $0.78 in 1980 and the price of apple juice increased at the same rate as the CPI from 1980 to 1990, approximately how much did a gallon of apple juice cost in 1990?

A.$1.35

B.$1.55

C.$1.77

D.$1.49

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  1. 14 August, 08:31
    0
    (0.78*128.7) / 74.4 = 1.35

    ...
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