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Price of a specific stereo receiver

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The following table shows the price of a specific stereo receiver for a five-year period. Using year 2003 as the base year, calculate the price index for each year. Now use year 2000. What is the difference?

Year              Price          Price index

2000            $ 166                  ___

2001              $200                  ___

2003              $240                  ___

2004              $264                  ___

2005              $280                  ___

Reference no: EM131974144

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