The annual CPI for certain years is given in the table below. Year Annual CPI Year...

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The annual CPI for certain years is given in the table below. Year Annual CPI Year Annual CPI Annual Annual Annual Year Year Year CPI CPI CPI 1970 38.8 1980 82.4 1990 130.7 2000 172.2 2010 218.056 1971 40.5 1981 90.9 1991 136.2 2001 177.1 2011 224.939 1972 41.8 1982 96.5 1992 140.3 2002 179.9 2012 229.594 1973 44.4 1983 99.6 1993 144.5 2003 184 2013 232.957 1974 49.3 1984 103.9 1994 148.2 2004 188.9 2014 236.736 1975 53.8 1985 107.6 1995 152.4 2005 195.3 2015 237.017 1976 56.9 1986 109.6 1996 156.9 2006 201.6 2016 240.007 1977 60.6 1987 113.6 1997 160.5 2007 207.342 2017 245.12 1978 65.2 1988 118.3 1998 163 2008 1979 72.6 1989 124 1999 166.6 2009 215.303 2018 251.107 214.537 2019 255.759 The median rental cost in a city in 2006 was $605. By 2017 the median rental cost had risen to $636. a. What should an apartment have cost in 2017 based on the CPI and inflation? Round to the nearest dollar. $ b. Were the rental prices overinflated in 2017? Yes No OO The annual CPI for certain years is given in the table below. Year Annual CPI Year Annual CPI Annual Annual Annual Year Year Year CPI CPI CPI 1970 38.8 1980 82.4 1990 130.7 2000 172.2 2010 218.056 1971 40.5 1981 90.9 1991 136.2 2001 177.1 2011 224.939 1972 41.8 1982 96.5 1992 140.3 2002 179.9 2012 229.594 1973 44.4 1983 99.6 1993 144.5 2003 184 2013 232.957 1974 49.3 1984 103.9 1994 148.2 2004 188.9 2014 236.736 1975 53.8 1985 107.6 1995 152.4 2005 195.3 2015 237.017 1976 56.9 1986 109.6 1996 156.9 2006 201.6 2016 240.007 1977 60.6 1987 113.6 1997 160.5 2007 207.342 2017 245.12 1978 65.2 1988 118.3 1998 163 2008 1979 72.6 1989 124 1999 166.6 2009 215.303 2018 251.107 214.537 2019 255.759 The median rental cost in a city in 2006 was $605. By 2017 the median rental cost had risen to $636. a. What should an apartment have cost in 2017 based on the CPI and inflation? Round to the nearest dollar. $ b. Were the rental prices overinflated in 2017? Yes No OO