MAT 144 Topic 4 Major Assignment 2 - Online and TradOnline (Budget Cost Projection)

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  • MAT 144 Topic 4 Major Assignment 2 - Online and TradOnline (Budget Cost Projection)

Using the CPI values from the website below, find the yearly inflation rate between January 2021 and January 2022.

                                                                                                                                          

  1. Go to Bureau of Labor Statistics page link https://data.bls.gov/cgi-bin/surveymost?
  2. Check the box to the left of text ""U.S. city average, All items - CUUR0000SA0""
  3. 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

 

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