Infiation Calculation Exercise (5\%) Professor: Armando Barragan Instructions: 1. Complete the table below, using the information and formulas provided in class 8 (see PDF document posted on Blackboard, Weekly Schedule tab, Weck 8). 2. Calculate the annual average inflation rate for the period 2000-2016 (16 years). 3. Provide one example of each calculation, and round your final results to two decimal places. \begin{tabular}{|l|l|l|l|l|l|l|} \hline & Value of basket of goods & Annual Infintion Rate & CPI index 2000100 & Anaual Innhation Rate & CPI index 2010100 & Annual Infiation Rate \\ \hline 2000 & 314,726 & & & & & \\ \hline 2001 & 315,789 & & & & & \\ \hline 2002 & 325,263 & & & & & \\ \hline 2003 & 341,526 & & & & & \\ \hline 2004 & 375,679 & & & & & \\ \hline 2005 & 368,312 & & & & & \\ \hline 2006 & 359,329 & & & & & \\ \hline 2007 & 378,374 & & & & & \\ \hline 2008 & 395,022 & & & & & \\ \hline 2009 & 430,298 & & & & & \\ \hline 2010 & 407,865 & & & & & \\ \hline 2011 & 592,873 & & & & & \\ \hline 2012 & 651,567 & & & & & \\ \hline 2013 & 755,818 & & & & & \\ \hline 2014 & 814,016 & & & & & \\ \hline 2015 & 859,600 & & & & & \\ \hline 2016 & 790,074 & & & & & \\ \hline \end{tabular} Infiation Calculation Exercise (5\%) Professor: Armando Barragan Instructions: 1. Complete the table below, using the information and formulas provided in class 8 (see PDF document posted on Blackboard, Weekly Schedule tab, Weck 8). 2. Calculate the annual average inflation rate for the period 2000-2016 (16 years). 3. Provide one example of each calculation, and round your final results to two decimal places. \begin{tabular}{|l|l|l|l|l|l|l|} \hline & Value of basket of goods & Annual Infintion Rate & CPI index 2000100 & Anaual Innhation Rate & CPI index 2010100 & Annual Infiation Rate \\ \hline 2000 & 314,726 & & & & & \\ \hline 2001 & 315,789 & & & & & \\ \hline 2002 & 325,263 & & & & & \\ \hline 2003 & 341,526 & & & & & \\ \hline 2004 & 375,679 & & & & & \\ \hline 2005 & 368,312 & & & & & \\ \hline 2006 & 359,329 & & & & & \\ \hline 2007 & 378,374 & & & & & \\ \hline 2008 & 395,022 & & & & & \\ \hline 2009 & 430,298 & & & & & \\ \hline 2010 & 407,865 & & & & & \\ \hline 2011 & 592,873 & & & & & \\ \hline 2012 & 651,567 & & & & & \\ \hline 2013 & 755,818 & & & & & \\ \hline 2014 & 814,016 & & & & & \\ \hline 2015 & 859,600 & & & & & \\ \hline 2016 & 790,074 & & & & & \\ \hline \end{tabular}