Question: 1. Calculate the following based on the data provided: a. Basket Price b. Index (EPI) c. Inflation Rate Data 2022: Car tires - Quantity 100

1. Calculate the following based on the data provided: a. Basket Price b. Index (EPI) c. Inflation Rate Data 2022: Car tires - Quantity 100 and unit price of $150 Iphone - Quantity 50 and unit price of $1,100 Laptop - Quantity 250 and unit price of $750 Data 2023: Car tires - Quantity 100 and unit price of $175 Iphone - Quantity 50 and unit price of $1,200 Laptop - Quantity 250 and unit price of $925

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