Mathematics
Analam2014

The median cost to air condition a house in Florida during the summer last year was $1,870. This year the median cost to air condition the same house is $1,950. Find the rate of inflation. 4.3% 4.2% 4.0% 4.1%

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Ebadi890

the inflation is 1,950-1870=80 if 1870 is the 100% 80 is the x% 1870/100=80/x x=100(80)/1870 x=8000/1870 x=4.27 but you can round it to 4.3

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