Price indexes can be used to compare prices across different periods. suppose that a year of tuition for college at public institutions averaged a cost of $1 comma 834 in 1989 and that the cpi index was 117 in 1989. if the cpi index was 229 in 2009, then the cost of tuition in 2009, as the result of inflation, would equal $ nothing. (enter your response rounded to the nearest whole number.)

According to consumer price index a tuiton of 1,834 in 1989 is worth: $3,591.58 in 2009

Explanation:

To convert a past price into future we do as follow:

229/117 = 1.9572649

Then, we multiply the past amount by this multiplier to get the value in todays dollars:

1,835 x 1.9572649 = 3,591.581 = 3,591.58

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

answer; consideration;