What is the value of the tooth fairys payment

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Reference no: EM13977100

Suppose the Tooth Fairy paid 50 cents for a tooth in 1970. The CPI in 1970 was 38.8, while the CPI in 2010 was 218.1. What is the value of the Tooth Fairy’s payment in 2010 dollars?

Reference no: EM13977100

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