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2 years ago

6

In 1990 sausage cost an average of $2.42 per pound. In 1994 it cost 51.35 per pound. What was the percent of depreciation (perce

nt of decrease)?
*(show your work)*

1 answer:

Katena32 [7]2 years ago

5 0

Answer:

Cumulative price change 105.96%

Average inflation rate 2.36%

Converted amount ($100 base) $205.96

Price difference ($100 base) $105.96

CPI in 1990 130.700

Step-by-step explanation:

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