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  3. in 2004 , the cpi (consumer price index) was 188.9

In 2004 , the CPI (Consumer Price Index) was 188.90 and a bag of chips...

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Accounting

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In 2004 , the CPI (Consumer Price Index) was 188.90 and a bag of chips was worth 50.50 (2004$). If the CPI of 2022 is 287.50, we can expect the price of that same bag of chips to have been $ (20225). (10 points)

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