Question: 18. Use the data in table 2 to express the continuously compounding annual rate of inflation from January 1970 to April 1970. Table 1. personal

18. Use the data in table 2 to express the continuously compounding annual rate of inflation from January 1970 to April 1970. Table 1. personal consumption expenditures price index (PCEPI) January 1970 to April 1970. Jan 197020.5 Feb 197020.6 Mar 197020.6 Apr 197020.7 May 197020.8 Jun 197020.9 A. [ in(20.5)-in(20.7)]/3 (WRONG) B. [ in (20.5)in(20.7)]/[1/4] C. [in(20.7)-in (20.5)]/3 D. [in(20.7)in(20.5)]/[1/4]

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