4 years ago

Suppose the current cost of gasoline is

Mathematics

1 answer:

Elodia [21]4 years ago

4 0

Answer:

The current price index number is $604.2.

Step-by-step explanation:

The index value is the ratio between the current value and the reference value, multiplied by 100.

In this problem, we have that:

Current value = $3.48

Reference value: $0.576

Index price = (3.48/0.576)*100 = $604.2.

The current price index number is $604.2.

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vodka [1.7K]

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Answer:

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