Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Inflation Calculation
Consumer Price Index (CPI)
Percentage Change
Formulas
Inflation rate = ((CPI in January 2020 - CPI in May 2018) / CPI in May 2018) * 100
Average monthly inflation = Total inflation / Number of months
Theorems
Percentage Change
Suitable Grade Level
Grades 9-12
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