Given:
2 years ago - consumer price index 1,200 per month
current year - consumer price index 1,400 per month
Inflation rate = [(Consumer price index current - Consumer price index previous) / Consumer price index previous ] * 100%
Inflation rate = [(1400 - 1200) / 1200] * 100% = (200 / 1200) * 100% = 16.67%
Since 2 years has passed, the 16.67% inflation rate is good for 2 years. We simply divide the inflation rate by 2 to get the annual inflation rate.
16.66% / 2 = 8.33%
The annual inflation rate for the past two years is 8.33%
I believe the area of the rectangle would be 338
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Hello there!
<u><em>Answer: ⇒⇒⇒⇒⇒
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Step-by-step explanation:
First you had to divide by 8 from both sides of equation.

Simplify.

Then you had to add by 7 from both sides of equation.

Simplify.

Divide by 6 from both sides of equation.

Simplify it should be the correct answer.

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Hope this helps!
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-Charlie