Ask Question
21 October, 01:00

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%

+4
Answers (1)
  1. 21 October, 03:50
    0
    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
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers