According to a NY Times article on December 13, 2009, The average selling price of a 32-inch LCD TV was $600. Use the annual CPI values from your text to compute the cost of that same TV in 2010 dollars. Express your answer rounded to the nearest cent.

Your answer should be 647.51

Explanation : the price was 215.949 in December, 2009.

the price was 233.049 in December, 2013.

divide 233.049 by 235.949 and got 1.079185363.

multiply that by 600 and got 647.5112179.

in problems involving proportions, we can use cross products to test whether two ratios are equal and form a proportion. to find the cross products of a proportion, we multiply the outer terms, called the extremes, and the middle terms, called the means.

hope it