Suppose the average price of the market basket for toddler toys was $737.75 in 1994 and $801.93 in 2000 for the same basket. Calculate the inflation rate over this period. (Round your answer to the nearest hundredth of a percent.)

Respuesta :

Answer:

0.014

Step-by-step explanation:

Minused old price from New then divided the answer by the old price then divided that by 6 to get yearly inflation

Answer:

Knewton as of May 15, 2022 8.70%

Step-by-step explanation: