Question: Assume that prices for the items below increased at the average annual rates shown in the table. Use the inflation Year Average CPI-U proportion to

Assume that prices for the items below increased
Assume that prices for the items below increased at the average annual rates shown in the table. Use the inflation Year Average CPI-U proportion to find the missing price in the last column of the chart. 2002 179.9 2017 245.1 Item Price Year Purchased Price in 2017 Evening dress $174 2002 $ nooct Complete the table Item Price Year Purchased Price in 2017 Evening dress $174 2002 $ (Round to the nearest dollar as needed.) ew

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