MAT 144 Topic 4 Major Assignment 2 - Online and TradOnline (Budget Cost Projection)
- $20.00
Using the CPI values from the website below, find the yearly inflation rate between January 2021 and January 2022.
- Go to Bureau of Labor Statistics page link https://data.bls.gov/cgi-bin/surveymost?
- Check the box to the left of text ""U.S. city average, All items - CUUR0000SA0""
- Press the ""Retrieve Data"" button at the bottom of the list. "
Based on the inflation rate, if you made $14/hour in January 2021, how much should you make the following year? What about in 3 years? For each projected hourly rate, find the percent increase compared to the current hourly rate