Question: Use the data in Table 1 to calculate the continuously compounding annual rate of inflation from 1973 to 1975, expressed as a percent rounded to


Use the data in Table 1 to calculate the continuously compounding annual rate of inflation from 1973 to 1975, expressed as a percent rounded to one decimal place. Table 1. Personal Consumption Expenditures Price Index (PCEPI), 1970 - 1975. Year PCEPI 1970 20.9 1971 21.8 1972 22.5 1973 23.8 1974 26.2 1975 28.5
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