Answer:
The inglation rate can be calculated as:
R = ((year2 - year1)/year1 )*100%
A)
Year 1 = $132.00
Year 2 = $134.50
R = (($134.50 - $132.00)/$132.00)*100% = 1.89%
B)
Year 1 = $95.00
Year 2 = $97.50
R = (($97.50 - $95.00
)/$95.00
)*100% = 2.6%
C)
Year 1 = $100.00
Year 2 = $102.00
R = (($102.00 - $100.00
)/$100.00
)*100% = 2%
D)
Year 1 = $88.00
Year 2 = $89.25
R = (($89.25 - $88.00
)/$88.00
)*100% = 1.4%
E)
Year 1 = $115.50
Year 2 = $117.50
R = (($117.50 - $115.50
)/$115.50
)*100% = 1.7%
Then the order from least to greatest is:
D, E, A, C, B
