Question: The consumer price index (CPI) for a given year is the amount of money in that year that has the same purchasing power as $100

The consumer price index (CPI) for a given year is the amount of money in that year that has the same purchasing power as $100 in 1983. At the start of 2015, the CPI was 234. Write a formula for the CPI as a function of 푡 years after 2015, assuming that the CPI increases by 1.8% every year.

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