I
27. You have decided to buy a yacht, specifically, a Nautor's Swan 68 sailing yacht. This
l...
Mathematics, 26.03.2021 22:50 goreeefk5205
I
27. You have decided to buy a yacht, specifically, a Nautor's Swan 68 sailing yacht. This
lovely boat cost $384.300 in 1976, when the CPI was 57. The CPI at the beginning of
2000 was about 168, and the yacht then cost $2,300.000. What is the 1976 yacht price
expressed in 2000 dollars?
(a) $130,388 (6) $780,357 (©) $1,132,674 (d) $6,778,947
Answers: 3
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